Carbon taxes: They just don’t work

JunkScience
"In Europe’s carbon-taxing nations, GHG reductions reflect high-wage job losses in sectors that governments have exempted from energy taxes in the unrealized hope of curbing those job losses. Total employment (both public and private sector) in Sweden crashed to almost 12 per cent below 1990 levels in the seven years after Sweden’s carbon tax was first introduced. Sweden’s job count only squeaked back up to 1990 levels in late 2007, before falling off again. ....... In Europe, governments have applied high energy taxes only to energy demand they feel is certain to grow in spite of the new taxes. This is about scoring new government revenues, not emission reductions."