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UK Government is coming up with green taxes - levying higher duties on flying, driving and household appliances. The so-called eco-friendly taxes aim to handle the climate change that costs around $3.68 trillion globally and equals to 20 per cent of the world's wealth. What a pity!
According to Sir Nicholas Stern's review:
If nothing is done to combat climate change, floods from rising sea levels could displace up to 100 million people, melting glaciers could cause water shortages for 1 in 6 of the world's population, up to 40 per cent of species could become extinct and droughts may create tens or even hundreds of millions of "climate refugees.
As savors of life on planet, certainly, we're aware of this. Global warming, triggered by greenhouse gas emissions is taking its toll with the life on earth. It's a global issue and without international cooperation can we achieve any positive to that effect?
However, here, the question is, can imposing higher taxes on flights and cars reverse the situation? Yes, we're the culprit, we don't deny this. But, putting ourselves in the shoes of the British Community, which apparently are now highly taxed and literally contribute only up to two per cent of greenhouse gases, levying eco-taxes has made the government a piece of mockery. Taxes like 'Pay-as-you-drive tax' and 'rubbish tax' - that levy charges on householders who do not recycle, simply puts a leash on daily activities of a common citizen.
What about the major fraction of the industrialized world that contributes towards global warming in the name of development? The fact is, the United Kingdom has failed to meet green goals and is merely parading its 'hollow green concerns'. However, to some extent we can say that the initiative can ring bells in other parts of the world too, but it would have been better to refurbish Kyoto Protocol with global participation and strictness. Taxing the hoi-polloi on every step they take and fill up the treasury can never solve this issue; rather the global community must tackle the environment challenges face to face on a round table.
Via: Telegraph
