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Is so-called green taxation a measure that will bring about significant environmental improvements, or will it ultimately deal a final blow to industry and the primary sector?
Endless discussions have yielded absolutely no results, other than creating uncertainty among European countries, which are watching their secondary sectors shrink and surrender their leading positions to countries that continue to pursue traditional economic policies.
Let us take things from the beginning.
The European Union is strongly promoting taxes on energy, transport, and pollution, with the aim of achieving climate neutrality by 2050 and reducing carbon dioxide emissions by 55% by 2030. This is also why the gradual phasing out of subsidies for fossil fuels is one of its objectives.
But can this be achieved without harming European countries and without requiring taxpayers to shoulder the entire economic burden once again? Can European industry withstand all this pressure? Could the economies of European countries remain competitive against other major global powers, such as the United States and China?
Let us not forget that excessive taxation has historically caused nothing but harm to both consumers and industrial businesses, inflicting severe and sometimes irreparable economic damage.
So, what do European industries actually need?
What industries, and the European Union’s secondary sector in general, need is not unnecessary taxation of carbon dioxide emissions through yet another revenue-raising policy. Instead, they need lower energy costs, less bureaucracy, and certainly lower taxes in order to remain competitive in an ever-changing international business environment.
Europe, moreover, is approaching the risk of deindustrialisation and the decline of its secondary sector. If this sector disappears or even shrinks, the consequences for all European economies will be far-reaching. These consequences include rising unemployment as jobs are lost, higher production costs, a decline in investment, and a weakening of industrial strength.
And all this is happening not for the benefit of European citizens or European producers, but to the advantage of third countries that do not implement any of the measures European states are being required to adopt.
But is there any positive environmental impact from excessive taxation in European countries? Certainly not, since global emissions are ultimately not being reduced. The only outcome is the definitive crushing of the secondary sector and the loss of jobs at a time when the global economy is experiencing a widespread slowdown, with thousands of workers facing unemployment or at risk of losing their jobs.
What, in truth, should the European Union’s objective be, if not the economic development of the countries of the Old Continent? Rather than having EU decision-makers devise ways to increase taxes and introduce revenue-raising policies—which will have no environmental impact—it would be far better to provide incentives for economic growth instead of promoting the so-called “green ideology,” which harms not only business owners and industrialists but, through a chain reaction, also affects consumers and European citizens.
In conclusion, the implementation of green taxes creates both direct and indirect economic pressures on the European economy, placing a heavy and potentially irreversible burden on households and businesses. Taxes on fuel, energy, and transport are not merely another bureaucratic policy or another seemingly harmless slogan. They significantly reduce citizens’ disposable income and erode the profits of European businesses. At the same time, the enormous cost of green investments and the energy crisis place a heavy burden on the national budgets of European countries.
Major economic sectors warn that so-called alternative fuels remain considerably more expensive, making the cost of compliance prohibitive.
Therefore, the implementation of green taxation will achieve not environmental protection, but rather the complete loss of the European industry’s competitiveness against the United States and China…
Something that would turn the European Union itself into a laggard in economic and trade developments, with all the ensuing consequences for European societies and member states.