At the core of the issue is closed nuclear powerplants.
They take a decade to build and EU hasn’t even started to rebuild the damage.
As a result, EU’s industry will be bleeding out for the foreseeable future. Maybe decades.
Inconvenient truth, I know. Especially for the “anti nuclear” idiots.
yksvaan on
Rest of the world must be laughing watching Europe commit industrial seppuku.
eucariota92 on
At least the green voters and green politicians can sleep well at night. They actually believe that their anti industrial, anti car and anti agriculture laws will make the world a better place to live… While in the end they are having no impact on the planet as a whole and are taking away the prosperity of the future European generations.
But well, now all the environmentalists from reddit can come and down vote me as usual…
Mustikebab on
Europe’s energy taxes are worsening industry woes, power CEO says.
Europe’s farming taxes are worsening agriculture woes, farmer says.
Europese flight taxes are worsening aviation woes, airline CEO says.
Europe’s income taxes are worsening labor woes, worker says.
Taxes are bad, says someone who has to pay taxes.
PompousIyIgnorant on
>EU industries pay power prices 2-3 times higher than those in the U.S. Taxes made up, on average, 23% of the retail electricity price paid by Europe’s energy-intensive firms in 2023, analysis by the think-tank Bruegel showed.
So taxes aren’t the real problem?
h3mmertje on
This comment section is gonna suck with people who all know what’s best for Europe. This debate has been influenced so heavily by market liberal lobbyists so bad. I bet the majority of commenters here won’t even bother reading the lede of this article. Which clearly states..
BRUSSELS (Reuters) – Governments hunting for ways to aid Europe’s struggling industries should take aim at the continent’s high energy taxes, which are eroding competitiveness, the head of Europe’s *electricity lobby* told Reuter.
6 commenti
At the core of the issue is closed nuclear powerplants.
They take a decade to build and EU hasn’t even started to rebuild the damage.
As a result, EU’s industry will be bleeding out for the foreseeable future. Maybe decades.
Inconvenient truth, I know. Especially for the “anti nuclear” idiots.
Rest of the world must be laughing watching Europe commit industrial seppuku.
At least the green voters and green politicians can sleep well at night. They actually believe that their anti industrial, anti car and anti agriculture laws will make the world a better place to live… While in the end they are having no impact on the planet as a whole and are taking away the prosperity of the future European generations.
But well, now all the environmentalists from reddit can come and down vote me as usual…
Europe’s energy taxes are worsening industry woes, power CEO says.
Europe’s farming taxes are worsening agriculture woes, farmer says.
Europese flight taxes are worsening aviation woes, airline CEO says.
Europe’s income taxes are worsening labor woes, worker says.
Taxes are bad, says someone who has to pay taxes.
>EU industries pay power prices 2-3 times higher than those in the U.S. Taxes made up, on average, 23% of the retail electricity price paid by Europe’s energy-intensive firms in 2023, analysis by the think-tank Bruegel showed.
So taxes aren’t the real problem?
This comment section is gonna suck with people who all know what’s best for Europe. This debate has been influenced so heavily by market liberal lobbyists so bad. I bet the majority of commenters here won’t even bother reading the lede of this article. Which clearly states..
BRUSSELS (Reuters) – Governments hunting for ways to aid Europe’s struggling industries should take aim at the continent’s high energy taxes, which are eroding competitiveness, the head of Europe’s *electricity lobby* told Reuter.
Don’t take what these people say at face value.