The True Costs of Net Zero Are Becoming Impossible to Hide
Our net zero lesson of the day is from the U.K. but it applies universally. It’s increasingly difficult for Biden and the EU to hide the true costs of net zero mandates.
In the latest green fiasco, UK Prime Minister Rishi Sunak created a quota system that would require manufacturers to sell more heat pumps to households.
Instead of meekly complying with the regulation as happens with Biden administration EPA announcements, manufacturers let consumers know they would have to pay up whether they installed the heat pumps or not.
Manufacturers correctly dubbed the scheme a “boiler tax” and consumer outrage killed the regulation.
https://mishtalk.com/economics/the-true-costs-of-net-zero-are-becoming-impossible-to-hide/