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Jeez, I know electricity prices in Europe are higher than in the US generally, but a 6.5c per kwh tax would have been a rate of around 66% at the beginning of 2
by xxpor 4y ago
Jeez, I know electricity prices in Europe are higher than in the US generally, but a 6.5c per kwh tax would have been a rate of around 66% at the beginning of 2021 when it was 1.20 USD/EUR and the average US residential rate was ~13c/kwh.
- oezi 4y agoYes, rates can be much higher. We pay 37c for instance at the moment. On the other hand: To have higher energy prices provides incentives for less use and must be part of an intermediate strategy to bring down CO2 emissions.
- zbrozek 4y agoOr it's an incentive to use cheaper energy. In my area gas is cheaper than electricity, but policy tries to push folks to use electricity. It would make more sense to drive down the cost of electricity so that it is the economic choice as well as the environmental one.