Many would argue that global warming(sorry, we can’t call it that anymore because many have noticed the world is cooling) climate change is not man-made but natural changes, but to cut carbon emissions by taxing it is madness. Unless you are Al Gore who is set to become a billionaire from it. If we fully believed that man-made carbon emissions were responsible for the climate then surely we should concentrate on newer technologies which would create jobs rather than taxing which destroys jobs. Already the UK is experiencing many problems from carbon taxes.

Industry will become increasingly uncompetitive due to soaring green energy taxes, according to the Government’s own advisers.

A shocking report has found UK manufacturers’ electricity bills are already significantly higher than those in other leading nations due to climate change levies.

By the end of the decade, our green taxes will be double those in other EU nations and dozens of times higher than those in the US.

Industry groups said the report was ‘extremely worrying’ and could force firms abroad, where regulations are less stringent.

The Department for Business, Innovation and Skills (BIS) report looked at the iron and steel, aluminium, cement and chemicals industries in 11 countries, most of which have renewable energy policies.

These energy-intensive industries directly employ 600,000 in Britain and contribute nearly £50billion a year to the economy.

Firms will be forced to pay an extra £28.30 in green taxes on top of the market price they pay for every megawatt hour of electricity by 2020 due to climate policies, according to the report by an independent firm.

This compares with £15.70 in Denmark, renowned for its renewable energy drive, £15.20 in France, £17.30 in Germany, £10 in China and a fall in the US and Russia.

Already the UK’s ambitious policy has cost jobs.

The Government has committed to cutting carbon emissions by 80 per cent, compared with 1990 levels, by 2050.

Last May India’s Tata Steel announced 1,500 job cuts in the UK, which it put down to the impact of expensive climate policies.

Its chief executive in Europe, Karl-Ulrich Kohler, said there was a ‘great deal of uncertainty’ about how far the UK Government was prepared to go in its green policies.

Source: Daily Mail
Related Articles,