Article about Let them Eat Carbon in City A.M.

September 01, 2011 10:45 AM

This morning there is an article by Matthew Sinclair in City A.M. about Let them eat carbon. He discusses who will really be paying for investment in the energy sector to make it greener and concludes that it will be already heavily burdened households.



He also highlights that:

Benefits for poor and elderly households are the biggest item in the government’s budget. Higher energy bills will make it much harder for them to stomach the long term fiscal adjustment that the country needs.

By and large the public do not realise what is going on in the lucrative world of climate policy. How informed taxpayers are will decide whether or not the current, failing agenda is reversed.

Read the full article here.This morning there is an article by Matthew Sinclair in City A.M. about Let them eat carbon. He discusses who will really be paying for investment in the energy sector to make it greener and concludes that it will be already heavily burdened households.



He also highlights that:

Benefits for poor and elderly households are the biggest item in the government’s budget. Higher energy bills will make it much harder for them to stomach the long term fiscal adjustment that the country needs.

By and large the public do not realise what is going on in the lucrative world of climate policy. How informed taxpayers are will decide whether or not the current, failing agenda is reversed.

Read the full article here.

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