Swedes to raise fuel taxes to cut CO2

March 10, 2009

Earth Times reports,

Higher taxes on vehicles and fuel are in store for Swedish motorists, transport companies and industry as part of efforts to reduce greenhouse gas emissions, the government said Tuesday. Finance Minister Anders Borg, Environment Minister Andreas Carlgren and Enterprise Minister Maud Olofsson said in a joint statement that the measures would take the current financial slump into account.

As of 2011 taxes on diesel fuel were to be raised in two stages by 0.40 kronor (0.04 dollars), as would taxes on carbon-dioxide emissions while the forestry and agriculture sectors would be included in emissions trading schemes.

The measures that included taxes on heating were part of a pending bill on energy and environment, and the goal was to cut greenhouse gas emissions by a further 2 million tons by 2020.

Steve Milloy’s new book, Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them, discusses how going green will raise your taxes and lower your standard of living.

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