Using previous international research into climate change, the report estimated that covering the social cost of carbon emissions would have cost £11.7 billion in 2005.The British pound is currently worth about $2 American.
But receipts from green taxes such as fuel duty, road tax and the Climate Change Levy totalled £21.9 billion. On average every household in the UK paid £400 more in levies than it cost to cover their own footprint, the TPA claimed.
Evidently the Brits opinion on this (read the article) is that "Green" taxes are not about the environment they are about taxes. Al Gore is having a hard time fooling any one.
H/T Instapundit
Cross Posted at Power and Control and at Classical Values
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