Carbon taxes are a top priority on EU Commission President Ursula von der Leyen. Expect a big conflict with Trump. The EU and Trump declared a truce over digital taxes but now the US Threatens Retaliation Against the EU Over Proposed Carbon Tax.
Speaking to the Financial Times, Wilbur Ross compared the EU’s plans for a carbon tax to moves by several European countries to impose a digital services tax, which has angered US officials and caused Washington to threaten tariffs on EU products.
“Depending on what form the carbon tax takes, we will react to it – but if it is in its essence protectionist, like the digital taxes, we will react,” Mr Ross said.
Ms von der Leyen outlined last week how her flagship green deal programme would need to involve some carbon border regulations or taxes to ensure that the benefits of the programme were not offset by carbon embedded in imports. “There is no point in only reducing greenhouse gas emissions at home, if we increase the import of CO2 from abroad,” Ms von der Leyen said. “It is not only a climate issue; it is also an issue of fairness towards our businesses and our workers. We will protect them from unfair competition.”
During the Davos meetings, Steven Mnuchin, the US Treasury secretary, sparred with Christine Lagarde, the European Central Bank president, over ways to tackle climate change. Mr Mnuchin described a carbon tax as “a tax on hard working people.”…
Zero Tolerance for Carbon Leakage
How this will work is of course a mystery. And it imposes the harshest penalties on countries that do not yet have much infrastructure or industry, especially in Africa.
Bloomberg discussed the concept back in December with its report Wait Until Donald Trump Hears About the Carbon Border Tax.
“If necessary, if there is carbon leakage, we will have to think about a carbon border tax,” European Commission president Ursula von der Leyen told the United Nations climate summit in Madrid this week.
Unfortunately, the article concluded: “Europe shouldn’t let itself be dissuaded. Plenty of smart people think carbon border taxes are necessary, including Ben Bernanke and Alan Greenspan, both former heads of the Federal Reserve. As the birthplace of the industrial revolution, the continent has a unique responsibility to curb planet-heating carbon emissions, including those embedded in goods consumed here but produced elsewhere.” …
Apparently it’s our responsibility as citizens of the “free world” to believe any and every profitable predatory hoax that our financial aristocrats can profit from. All that is required is that they wrap it in some magical logic like fictional reserve banking or an (im)plausible societal need like the “war on terror” or an impending climate catastrophe. The “herd immunity” ridiculousness for mandatory vaccination comes to mind. You want to protect innocent little children don’t you?
The latter is essential for the success of the harvest. Autism is a perfect psychological mindset for mass social control, combining emotional alienation with perpetual anxiety (https://www.psychologytoday.com/us/blog/my-life-aspergers/201102/autism-and-fear) possibly caused by a lack of a sense of self interest (http://news.bbc.co.uk/2/hi/health/8407857.stm) , a recipe for an atomized, easily controllable population which is used to following orders. But of course that’s just a fortuitous consequence of the “free market” in children’s bodies pioneered by the satanic pedophile market and occult medicine. Munchausen by proxy consent. Needless to say, the herd immunity sought by our philosopher kings is an immunity to logic, facts and social organization based on common need.