President Emmanuel Macron. By Kremlin.ru, CC BY 4.0, Link. Image modified.

French President Suggests Taxing America to Save the European Green Energy Dream

h/t Dr. Willie Soon; In the wake of the Aussie, New Zealand and Canadian climate ministers demanding a new Bretton Woods, the French President has also requested a slice of the action.

Macron calls for an international taxation deal to finance climate efforts

The French president wants an international effort to raise money to tackle climate change.

BY CLEA CAULCUTTGIORGIO LEALI AND PAUL DE VILLEPIN
JUNE 23, 2023 12:37 PM CET

PARIS — French President Emmanuel Macron on Friday hinted at a fresh push to revamp the international taxation system to finance climate efforts.

“I’m in favor of an international taxation to finance efforts that we have to make to fight poverty and in terms of climate [action]…It doesn’t work when you do it alone, the [financial] flows go elsewhere.” Macron said during a press conference at the end of the two-day summit in Paris, dismissing the idea that France could introduce a climate tax on its own.

“France already has in place two types of taxes that have been suggested: one on plane tickets, another on financial transactions,” he said adding that he was going to “make others follow us and mobilize” around these issues.

“There has been a great deal of discussion on the idea of international taxation, over and above what countries and institutions are doing. Whether it’s on financial transactions, maritime transport or certain other models, it will only work if it’s truly international, and so it presupposes an agreement, as we’ve been able to do on international taxation,” he said during the closing ceremony of the summit.

Read more: https://www.politico.eu/article/france-emmanuel-macron-calls-for-international-taxation-to-finance-climate-efforts/

Given the ongoing US dollar dominance of the global economy, Macron’s proposed financial transaction tax is effectively a call for US taxpayers to fund the global green energy push.

Before you dismiss Macron’s call as absurd, consider the situation from Europe’s perspective. The USA is a long term provider of money to Europe. The USA is largely funding Europe’s war with Russia, and has been underwriting much of the European defence budget since WW2.

I’m not sure what the USA gets in return for this generosity. Europe has openly committed to remaining neutral if the USA needs help.

Perhaps Macron is testing the water, to see if US politicians can be manipulated into providing even more money.

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PaulID
June 28, 2023 2:01 pm

the Anacronym FAFO comes to mind

insufficientlysensitive
June 28, 2023 2:38 pm

I’m in favor of an international taxation to finance efforts that we have to make

Look, Herr Macron, we didn’t elect you, and we didn’t elect the UN. Please consult the US Constitution for further details on taxing United States citizens.

Interested Bystander
June 28, 2023 2:42 pm

How about we tax the guys making the most pollution. China is building new coal fired electrical plants every year. Let them pay. Or better-give up on the climate change hoax and GFY Macron!

June 28, 2023 3:25 pm

Beautiful country. But the people are entitled little monsters.

In World War II, they couldn’t wait to hand over their Jews and join the Third Reich. They were genuinely surprised that Hitler couldn’t care less about them.

So they liked us for a time. And now they don’t again. If Ukraine depended on them for anything, Kviv would have had a Putin puppet installed more than a year ago.

There’s only one thing they hate more than us: work. They’ll riot over the suggestion of even a 35-hour work week.

barryjo
June 28, 2023 3:48 pm

In the words of Radar O’Reilly: (MASH) “Stick it in your ear!”.

MarkW
Reply to  barryjo
June 29, 2023 9:50 am

Better yet, in the words of Col Potter: “horse feathers”

June 28, 2023 4:02 pm

Consider the havoc that the UN has already caused with ad hoc financing. Think of how much harm they could inflict with a guaranteed income stream.

June 28, 2023 4:07 pm

Isn’t the Ukraine war effectively a huge tax on Americans?

Why should Americans be taxed even more to support the EU’s idiocy in other areas.

Reply to  bnice2000
June 28, 2023 6:28 pm

Try asking Nuland about that.

OweninGA
June 28, 2023 6:28 pm

Are European governments really unconcerned with future US elections? Do they really think that if they attempt to impose a tax mostly on the US that a future non-leftist administration might just cut them all off completely, withdraw from western Europe and let them sink? We tend to zig and zag in national elections in the US; the left will not hold power forever.

If they had to fend for themselves militarily, they better learn Russian and Chinese very quickly, as their militaries on their own would need to follow the French and raise the white flag and capitulate.

Edward Katz
June 28, 2023 6:30 pm

Like a number of other of global leaders who foolishly committed their countries to the climate change nonsense, Macron is beginning to see the light; i.e., Green energy just can’t deliver yet, if ever, unless there are some monumental technological breakthroughs forthcoming. So until then, the logical energy sources to rely upon are fossil fuels, hydro and nuclear. The major emitters like China, the US, India, Russia, Japan and Germany are aware of this (though Germany tries to pretend otherwise) and with the exception of Russia, their GDPs lead the world. Developing nations in Asia are also following suit with more coal plants, but the developed ones have lost sight of the fact and are foolish enough to inadvertently cripple their economies and increase consumer living costs with inane shifts to clean energy. Meanwhile Europe’s solution to their faltering Green policies is to try to convince other countries to help cover their losses. The trouble is that there are some countries, like Canada, among others, whose governments (not consumers) could be conned into helping out.

Mantis
June 28, 2023 6:51 pm

We always knew NATO security guarantees were a one way street. Time for the US to pull out of Europe completely. Stop supporting these ingrates that use us for protection while simultaneously committing economic warfare on us.

Richard Page
Reply to  Mantis
June 29, 2023 3:23 am

It’s an espionage tax – payment for Obama bugging friendly governments for economic advantage. Why wasn’t he impeached for that major breach of protocol?

MarkW
Reply to  Richard Page
June 29, 2023 9:52 am

Democrats will never, ever, vote to impeach a Democrat president. Regardless of the charges or evidence.

Bob
June 28, 2023 9:10 pm

This is so ridiculous that it barely merits comment. I wish there was a way to tax the believers and not tax those of us who think CAGW is a bunch of hooey. The problem being that bureaucrats always find a way to include the nonbelievers. If we could find a way I would tax the last ounce out of them.

June 28, 2023 9:11 pm

Brandon and the anti-American Democrat Party are fully onboard, no doubt. Yellen already told Europe the ruling U.S. junta would support a minimum corporate tax rate and this doesn’t seem too different.

June 28, 2023 9:59 pm

Cheese-eating surrender monkeys

Philip CM
June 29, 2023 12:50 am

The climate grift is about to go nuclear. A forever tax to feed an escalating bureaucracy of thieves who offer only alarmism in return.
No wonder physical mutilation of the sexes is a thing. SHEESH!!!

June 29, 2023 5:29 am

I say, go for it. The world needs a new global recession to educate the younger generations about patience, the need for work to gather property for trade, and that politicians are not in it for you.

observa
June 29, 2023 7:34 am

I thought the US was doing its fair share of transitioning-
Master Lock’s Milwaukee plant to close after 100 years and send jobs abroad (msn.com)

John the Econ
June 29, 2023 11:57 am

Typical 21st century Progressivism: There’s no problem that can’t be solved with someone else’s money.

Tim F
June 29, 2023 6:54 pm

I would like to say that all of the jokes about the French valor are lacking in facts and tact. The French are responsible for both WW1 and WW2 occuring in the first place, they encouraged the Russians to attack and let Hitler rearms. Especially WW1. However the French were valiant in WW1 much more so than the British and without the French defense of the British evacuation of Dunkirk it would have been a monumental disaster. The French lost 1,000s of troops defending the evacuation. WW2 was indeed a case of the French being ill prepared as well as a command structure that was more than cumbersome. Your jokes are beneath all of you.

markm
Reply to  Tim F
June 30, 2023 2:00 pm

The French problem in WWI and II is that they had neither a Corsican nor a religiously insane French woman to lead them.

June 30, 2023 7:36 pm

Président Micron went to a concert while France is experience mostly peaceful summer of love…

A priest was attacked with an iron bar:

“J’ai évité la barre de fer d’un des types. Le St Sacrement est en lieu sûr.”
https://www.fdesouche.com/2023/06/30/puteaux-92-le-cure-agresse-par-les-emeutiers-alors-quil-protegeait-son-eglise/

A 80 years old priest was left in a critical state:

Selon les témoins oculaires, un groupe d’émeutiers a soudainement attaqué le père Palle, l’entourant et le prenant pour cible sans raison apparente. Ils l’ont frappé avec une extrême violence, le faisant chuter violemment au sol. Pire encore, ces individus ont continué à le battre alors qu’il était déjà à terre, laissant le prêtre dans un état critique.

Outre cette agression brutale, les agresseurs ont également commis un vol en emportant le téléphone portable et le portefeuille du père Palle.

https://tribunechretienne.com/le-pere-francis-palle-tabasse-et-laisse-inconscient/

It’s near civil war level bad.
Police has been instructed to go easy and not go after the insurectionists.