More Fuel… For Inflation! German Government Doubles Planned CO2 Price Increase
By P Gosselin | No Tricks Zone | August 16, 2023
Germany’s Socialist/Green government adds more fuel to inflation… announcing it will boost the price of CO2 emissions by 10 euros a ton beginning in 2024!
High energy costs have led to runaway inflation in Germany. Source: www.statista.com/
According to Germany’s online Handelsblatt, the German government has moved to increase the price to emit a ton of CO2 in 2024. The original plan was to increase the price by 5 euros a tonne, from 30 to 35 euros a ton, but now the government has decided to double that increase to 10 euros, meaning the price of emitting a ton of CO2 will be 40 euros.
That 33% increase will add to the heating and fueling bills for consumers, and further add upward pressure to the country’s already high inflation rate.
Germany’s economy is already among the weakest in the Euro Zone and high energy costs will make it all the more painful for consumers. The higher price will go into effect on January 1st.
The impact of the higher price will hit the poor the hardest, who are already reeling from higher costs of living. The government is expected to take in an extra 2.3 billion euros in revenue, a total of 10.9 billion euros in 2024.
“We must act cautiously with regard to CO2 pricing, especially in view of the current weakness in growth,” said Germany’s Minister of Finance Christian Lindner.
The state says it will invest in climate-friendly projects, with billions earmarked for building renovations, industrial conversions and electric cars. For 2024, spending of 57.6 billion euros is planned, which is 21.6 billion euros more than in 2023.
1 Comment »
Leave a comment
Featured Video
Meet Benjamin Netanyahu, Unconvicted War Criminal
or go to
Aletho News Archives – Video-Images
From the Archives
Israel’s military indoctrination of children
By Stephen Lendman | Al-Ahram | May 6, 2010
The modern roots of Zionism go back to its founding at the First Zionist Congress in Basle, Switzerland, in 1897, its programme being the “establishing for the Jewish people of a publicly and legally assured home in Eretz Yisrael”. Five decades later, this was accomplished by dispossessing indigenous Palestinians, denying them the right to their land, creating a new Jewish identity, legitimising Jews as rightful owners, and using superior military force to support the state against defenceless civilians who were no match against their powerful adversary.
Leading up to and after its war of independence, Israel stayed politically and militarily hard line, negotiating from strength, choosing confrontation over diplomacy, and naked aggression as a form of self- defence and occupation in order to seize as much of historic Palestine as possible and secure an ethnically pure Jewish state. These policies were called “Israelification [and] De-Arabisation” to preserve a “Jewish character”.
In his book, The Making of Israeli Militarism, author Uri Ben-Eliezer says writing about Israeli militarism involves “ventur(ing) into an intellectual minefield”, given Jewish history under the Nazis and the perception of Israel as a safe haven. Yet, decades of Arab- Israeli conflict have produced seven full-scale wars, two Intifadas, and many hundreds of violent incidents.
Ben-Eliezer believes that, beginning in the 1930s, militarism “was gradually legitimized within the Yishuv, the Jewish community in Palestine, then within the new state [it was] crystallized into a value, a formula, and an ideology.” Over time, it acquired a dynamic of its own, and then, during the 1948 war, it “acquired full legitimacy” and became decisive in setting policy.
Politics and militarism were wedded to create a militaristic view of reality. Thereafter, it was institutionalised to the point that “the idea of implementing a military solution to [political problems] was not only enshrined as a value in its own right, but was also considered legitimate, desirable, and indeed the best option.” … continue
Blog Roll
Recent Comments
5 dancing shlomos on US: Ilan Pappe interrogated by… Tollef Ås/秋涛乐/טלפ וש on UK media outlet accused of ‘ju… Dennis Wilson on EU Big Brother is Watching New… roberthstiver on US: Ilan Pappe interrogated by… roberthstiver on THE STATS ON PALESTINIAN TERRO… Lutz Barz on Vulcan Program’s Delay Shows U… roberthstiver on Canadians Promoting Genocide Bill Francis on Australia jails whistleblowers… roberthstiver on Israeli troops lament return t… roberthstiver on Ukraine desperate to receive m… Unome on Meta’s Oversight Board Adopts… eddieb on The U.S. Defeat in Vietnam Cha…
Aletho News- Fauci aide allegedly boasted about ability to ‘make emails disappear’ including ‘smoking guns’
- US university president placed on leave for accepting demands of Palestine supporters
- Belgium’s Ghent university severs ties with 3 Israel institutions
- Israeli officials’ jaws drop over Hezbollah’s complex operations
- Houthis Take Down Another US Reaper Drone, Reiterate Threat to Target Ships in Mediterranean
- Pro-Israeli billionaires fuel NYC Mayor crackdown on Columbia students
- Washington is essentially defying the majority of humanity as it persists in arming Israel
- “Ukraine is bleeding to death” – retired German general calls for a way out of Ukrainian conflict
- China slams US for ‘shifting blame’ over Ukraine conflict
- EU Big Brother is Watching News of Fico Assassination Attempt
- If Americans Knew
- The writing was on the wall for Israel’s torture of prisoners
- Not even the US government knows the US government line on Rafah
- Israeli anti-Zionist academic Ilan Pappe interrogated by FBI in Detroit
- Jewish billionaires secretly worked to shape U.S. public opinion on Israel’s war against Gaza
- As it defends its planned genocidal Rafah invasion before ICJ, Israel vows to “intensify” raids – Day 223
- New report shows Biden is going to extraordinary lengths to continue arming Israel
- Palestinians rally at historic villages in northern Israel
- Blinken Says Israeli Units Accused of Serious Violations Have Done Enough to Avoid Sanctions. Experts and Insiders Disagree.
- Debunking three myths about pro-Palestine student protests in the US
- New study: Israel committing genocide; Netanyahu says Israel not enslaved to US – Day 222
- Richie Allen
- An error has occurred; the feed is probably down. Try again later.
- No Tricks Zone
- New Study Finds An Extremely Low CO2 Climate Sensitivity For The Arctic And Antarctic
- U.N. Contributing Scientist: ‘Culling’ Human Population Could Avert Climate Catastrophe
- Using Nets On The Seafloor To Retrieve Seafood ‘Roughly The Same As Running 100 Coal-Fired Plants’
- New Paper: Global Warming Leading To HIMALAYAN COOLING, Preventing Glacial Melt!
- DNA Evidence Reveals Domestic Cats, Dogs, African Wildcats, Frogs Lived In The Arctic 9000 Years Ago
- -80°C: Antarctic Vostok Station Records “Extreme Winter Cold”…Not Even Winter Yet!
- The German E-Vehicle Nightmare, 2024 Q1 Sales Plummet 14%… “Graveyard” For Unsold Cars
- Newly Discovered 90,000-Year-Old Human Footprints Reveal How Much Higher Sea Levels Used To Be
- Germany’s Economic Bloodbath Worsens As Green Revolution Causes Economy To Bleed To Death
- Water Vapor Absorbs 84 Times More Radiation Than CO2 … Clouds Drove 89% Of 1982-2018 Warming
Aletho News 
How do the German-wise guys measure Co2 emissions? Are they the same ideots who build inefficient giant windmills that are intended to replace highly efficient nuclear power plants? The FN idiots are running the asylum.
LikeLike