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> It is far from obvious that the best solution is to make local sacrifices, then hoping the world will follow. case in point: Europe. taxes over taxes over ta
by LoSboccacc 7y ago
> It is far from obvious that the best solution is to make local sacrifices, then hoping the world will follow.
case in point: Europe. taxes over taxes over taxes has pushed energy cost to the point production is non competitive https://businesstech.co.za/news/wp-content/uploads/2019/03/Global-Power-prices.png https://businesstech.co.za/news/wp-content/uploads/2019/03/G...
net result: local decade long slump plus most heavy industry moved to countries that have less energy cost and less regulation, so it's not clear if the world is actually better off, since you also get pollution from naval transport