France - Sarkozy Pushes Carbon Tax On Trade

Later this month Europe will propose new laws that will force EU industries to cut down carbon emissions, a move that will inevitably lead to a shift in production facilities to countries that do not have such laws.

To offset this Sarkozy, a staunch globalist who takes over the European Union's rotating six-month presidency in July, is proposing a carbon tax on relevant products from those countries.

Under such a scheme the standards of living within the industrialized world will diminish through the loss of industry and production while the developing world also fails to benefit as it has to cope with crippling taxes driving up the prices of its exports.

Trade lawyers have been divided over the legality of a carbon tax, with some saying it would run counter to international trade rules.


At the same time carbon emissions from human activity, which only account for a small percentage of overall climate change anyway when compared to natural factors such as volcano emissions and solar activity, are not reduced at all.

The only benefactors of a carbon tax will be the power hungry bureaucrats who are pushing it.

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