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#universal

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PonyXPS

I use to think that #Carbon #taxes would be a great way to address #climatechange. I was wrong. At best I feel they are insufficient and way too prone to schemes and manipulation. Source #tracking #CO2 is hard to measure and monitor and #sequestration is pretty slippery.

So I have been exploring something different, fueled and then inspired by the lots of stuff, including the #tariff #war.

How about a #universal #energy #tax?

Universal Energy Tax offers a simple, transparent, and scalable approach to addressing climate change by focusing on energy consumption itself, rather than complex carbon accounting. Its key strengths are:
It is simple, and there is a level playing field for everyone.

By taxing all primary energy inputs (fossil, renewable, nuclear) proportionally to their environmental and societal costs, the system avoids regulatory loopholes and hidden subsidies. Everyone pays fairly based on usage, not wealth or location.

There is an automatic Incentive for efficiency as well. Because the tax is embedded in all energy use, it automatically rewards innovation, conservation, and cleaner technologies without the need for constant new regulations.

Kilowatt-hours (kWh) and joules (J) are universal, measurable quantities of energy, understood across industries and cultures. Because they directly reflect actual energy use, they offer a fair, transparent basis for applying a Universal Energy Tax.

So: Is a UNIVERSAL ENERGY TAX (UET) a good idea? or a bad idea?

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CLondoner92 (New Account)

A multi-billion-pound investment in a #Universal theme park and resort in #Bedford has been agreed, boosting the #UK economy and creating 28,000 jobs. Set to open in 2031, the park will feature immersive attractions and a 500-room hotel. It is expected to generate £50 billion by 2055 and attract 8.5 million visitors annually. The development will create jobs in construction, hospitality, and creative industries, with 80% of staff expected to come from local areas. The government will invest in infrastructure to support the project, including plans to improve the Oxford-Cambridge corridor. Universal’s first #European park will be part of a 476-acre resort, contributing to the UK’s growing creative industries. The deal is a key part of the government's Plan for Change, aiming to increase growth and opportunities across the country. The proposals are still subject to planning approval.
gov.uk/government/news/multi-b

GOV.UK · Multi-billion-pound investment secured as Universal theme park and resort set to be built in Bedford, bringing thousands of jobsBy Prime Minister's Office, 10 Downing Street
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