The European Union is marching ahead with a sweeping expansion of its carbon market, a move that will push home heating and transportation costs to punishing new heights. Under the guise of “cutting emissions,” EU policymakers are implementing a system that will make energy unaffordable for millions—especially those who can least afford it.
According to an analysis by BloombergNEF, the new emissions trading system, set to take effect in 2027, could push the price of carbon dioxide to €149 per metric ton by 2029—more than double current levels. The direct consequence? Heating bills may rise by as much as 41%, and transportation costs could jump 27%. This isn’t just a minor inconvenience; it’s a financial wrecking ball aimed squarely at households and small businesses across Europe.
For years, politicians and activists have insisted that draconian carbon policies will help “save the planet.” What they fail to acknowledge is who actually pays the price.
- Heating Costs: Millions of Europeans already struggle to afford winter heating. The EU’s new carbon market will ensure that staying warm becomes a luxury rather than a necessity.
- Transportation Costs: Higher fuel prices won’t just hit personal drivers—they’ll ripple through the entire economy, raising the cost of goods and services.
- Small Businesses Punished: Large corporations can offset costs or lobby for exemptions, but small businesses will have no choice but to absorb price hikes—or shut down.
And what does the EU offer as a solution? “Green alternatives.” Heat pumps, electric cars, and home renovations—all of which require substantial upfront investments that the average citizen cannot afford.
Even some EU lawmakers are now realizing the scale of the disaster they’ve created, with calls to delay the rollout of this new carbon tax. But as history has shown, once bureaucracy sets a policy in motion, reversing course is nearly impossible.
Rather than learning from past failures—such as Germany’s disastrous energy transition, which led to record-high electricity prices—EU leaders are doubling down on policies that make daily life harder for ordinary Europeans.
If this policy isn’t helping citizens, who is it helping? The answer is the same as always:
- Corporate interests and investors profiting from government-mandated purchases of EVs, heat pumps, and inefficient “green” tech.
- Bureaucrats and policymakers who secure their careers by pushing unworkable climate targets.
- The elite class who can afford to “go green” while lecturing everyone else about their carbon footprint.
At its core, this is not about saving the planet—it’s about control. The EU’s carbon market expansion is a stealth tax on survival, designed to force people into financial hardship under the pretext of climate action.
For millions of Europeans, the coming years will bring a harsh choice: pay up or freeze.
H/T Steve Milloy
From the era of Paul Erhlich and The Club of Rome, the Green Blob has shown itself to be resolutely misanthropic. They do not care truly regressive taxes grind the faces of the poor, as the poor are just more people, and they hate people.
The perverse belief is that “conservation” is seen as a positive good, regardless of the effects. It is as with other Millenarians keeping themselves in a state of ritual purity, expecting some other benefit from their denial. But the ecological Arcadian Nirvana has been as elusive or delusional as Jesus returning in their lifetimes.
Modern day Aztecs, only the purity of their motives matter.
https://www.smithsonianmag.com/smart-news/new-find-brings-skulls-discovered-aztec-tower-over-600-180976543/
“While the tower may seem grisly to modern eyes, INAH notes that Mesoamericans viewed the ritual sacrifice that produced it as a means of keeping the gods alive and preventing the destruction of the universe.”
When Gaia hangs in the balance, the fate of commoners matters little.
How many have read the book “Global Ecology” with Paul Erhlich as coauthor. This book has been eradicated from the internet including Wikipedia, but I have my own copy bought in time.
In the book the authors express fear that global cooling will lead to famine in Africa. They then suggest that America should send food aid with hidden fertility suppression drugs to control population growth. Still he became an advisor of Obama.
Ah, yes, John Holdren. And Paul Erhlich. The poster boys for The Green Blob. I remember Ehrlich writing for “The Abalone Alliance”, a group opposing nuclear power, that having cheap and abundant energy would be like “giving an idiot child a machine gun”.
Available for download:
https://acrobat.adobe.com/id/urn:aaid:sc:US:741a440c-66ba-4a49-bb74-d24a289bf91a
// This book has been eradicated from the internet including Wikipedia,
// but I have my own copy bought in time.
Doesn’t seem hard to find. I think it can be downloaded from the so-called ‘Internet Archive’:
https://ia801500.us.archive.org/33/items/in.ernet.dli.2015.119918/2015.119918.Global-Ecology_text.pdf
Strange. I couldn’t find it with Google some years ago, but now it is there and everywhere. People should read the book. It shows how the green blob has evolved.
“In the book the authors express fear that global cooling will lead to famine in Africa. They then suggest that America should send food aid with hidden fertility suppression drugs to control population growth. Still he became an advisor of Obama.”
if course…obama considers the above an attribute not a bug.
Substitute deplorables for poor.
Idiocracy.
Far Left politics will be the death of Europe.
Far left policies are death. Period.
The insanity will continue until sufficient damage is accrued.
Yes, because the “global paradise” cannot be installed until the current social order is completely destroyed.
“The European Union is marching ahead with a sweeping expansion of its carbon market, a move that will push home heating and transportation costs to punishing new heights. Under the guise of “cutting emissions,” EU policymakers are implementing a system that will make energy unaffordable for millions—especially those who can least afford it.”
******
Why is all of this becoming vaguely reminiscent of the years leading up to the French Revolution? History can and sometimes does repeat itself. Whatever happened to those guillotines?
It’s reminiscent of the years leading up to WW2. That’s the end game with no exit strategy. Europe is invoking/provoking another World War. Mass death via trench warfare is all the rage in the capitols of Europe. It’s the wet dream of the New Left here, too.
Who is the present day Hitler? I was of the assumption that the European Union was created in part to prevent another world war in Europe by uniting it. Heaven help us if a war breaks out between NATO and Russia.
Anyway, I’m thinking the French Revolution here because Europe’s elites will be able to afford higher energy bills with the increased carbon tax, but those higher costs will push the middle class and the poor deeper into a hole with a lower standard of living. Somewhat like what was going on in France before the revolution with royalty and the nobility on one side and the poor on the other.
Net zero vs tariffs and increased defense spending. It would appear that Donald Trump is finally forcing Europe to make some tough decisions. Frankly it’s long overdue and will be rather interesting to watch.
The effect of what he has done, whether he means it or not (and either one would be about equally horrifying) will be to facilitate a Russian military victory and occupation of Ukraine. Expect this to be attended by the usual purges, internments, lootings and mass murders which should be familiar from the gulag days and from the Holodomor. Its not going to be ‘interesting to watch’. Its going to lead in the end to a recreation of the former Soviet empire in Europe, maybe even larger in extent. And that is going to have very serious implications for the US.
He appears to be surprised that the consequence of his actions is to result in an accelerated program of bombing and a renewed ground offensive. Of course it is. If as a result the Ukrainian front collapses and there are large scale prisoner captures you can expect Ukraine to vanish as an independent country, and its resources to be used for the next step.
We have seen this in Europe before. Those who do not know history….
Then Europe is focusing on completely irrelevant issues. Their stupidity in allowing themselves to fund the Putin ambitions as they did and still do buy his energy. They were warned by Trump in his first term and laughed. They have the wealth to fund their own protection yet continue to mooch of us after 80 years. And they show no sign of coming to their senses on anything so it’s time for them to man up before we make ourselves more vulnerable to the CCP, world freedom’s biggest threat.
💯
You’re looking at the wrong chapter in your history book. The apt comparison is not to pre-WWII German expansion that was telegraphed for a decade, but with the Cuban missile crisis – a paranoid USSR puts missiles on the US front doorstep, not because they want to invade, but because NATO had nuclear missiles pointed at Russia from Turkey. Once cooler heads prevailed and US offered to move their missiles so did the USSR. And the USSR was much more in an expansion mindset than the current Russian Federation, that can barely keep itself afloat.
EU and NATO and the previous US administrations misjudged the Russian psyche.
If the world is lucky, Trump may be averting WW3. Some war hawks want the nukes to fly, but sane/humane people would rather solve problems peacefully. Repeating history is the curse of the stupid.
this will be interesting to watch. i don’t think europe can increase defense spending and continue to destroy their economy with net zero and survive.
“EU policymakers are implementing a system that will make energy unaffordable for millions—especially those who can least afford it.”
I bet they can still afford pitchforks.
“once bureaucracy sets a policy in motion, reversing course is nearly impossible”
They to find politicians like Trump who doesn’t believe that.
Even the IEA noticed that things were not going too well in Europe
“Recent clean energy trends in advanced economies present a mixed picture with accelerations in some areas accompanied by slowdowns in others, including a large fall in heat pump sales in Europe in the first half of 2024.”
IEA ‘World Energy Outlook 2024’ (Oct. 2024)
Sooner or later the British people are going to have to stand up and say no. Your corrupt worthless government will not change without your swift and uncompromising attitude adjustment. Stop dilly dallying around.
There’s an error here.
“For millions of Europeans, the coming years will bring a harsh choice: pay up or freeze.”
Not entirely. It’s ‘pay up, freeze or emigrate.’ If pursued, this agenda will simply trigger a new wave of people, companies and investment fleeing the European Union.Investment and businesses have been fleeing Germany for some time (BASF, ThyssenKrupp). Siemens has been relocating manufacturing out of Germany for more than 30 years.
Industrial output is down by 15% in the last 5 years in Germany. Slow motion seppuku to appease Gaia. It will soon be a combination retirement community/tourist trap.
It will soon be a war torn battlefield populated by the wounded, crippled, and likely Muslim.