2 ms·
Ah yes, Capitalism is the problem - again. The same evil nasty capitalism which provides the funds which are used to develop potential nuclear fusion power sour
by the_third_wave 4y ago
Ah yes, Capitalism is the problem - again. The same evil nasty capitalism which provides the funds which are used to develop potential nuclear fusion power sources but I digress.
It might interest you to know that even now during the "energy crisis" in Europe we (as in "my family here in Sweden") pay about twice as much in electricity-related taxes as we do for the actual power we use. Electricity itself can be remarkably cheap here but those taxes don't change (other than being increased because of inflation like the energy tax recently was) since they are levied per kWh. Add the "certificate charges" for "green energy" and a 25% sales tax on top of everything (including the mentioned taxes) and the situation quickly becomes clear - most of the money paid for electricity is pocketed by the state, not by the electricity producers. Even when the prices rise to hitherto unknown heights the lion share of the increase is due to the state levying charges - in this case "bottle neck charges" for electricity transferred from the hydro-electric plants in the middle and north of Sweden to the south. The actual tax burden on electricity lies between 60% and 70% depending on the current price at NordPool (the electricity market for the Nordic countries).
Realise also that those 60% to 70% are paid from an income which has already been taxed at a rate of 50%-60% for most people.
But.. Capitalism.