“Green” solutions can have hidden costs
Abstract:
It seems that Canada is not alone in introducing taxes with the stated purpose of reducing carbon-dioxide emissions. In the United Kingdom (UK), the Chancellor (Finance Minister) Allen Darling has just introduced a “green levy” that will double the tax on motor vehicles yet reduce total vehicle emissions by less than 1%.
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It seems that Canada is not alone in introducing taxes with the stated purpose of reducing carbon-dioxide emissions. In the United Kingdom (UK), the Chancellor (Finance Minister) Allen Darling has just introduced a “green levy” that will double the tax on motor vehicles yet reduce total vehicle emissions by less than 1%.