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End of year fuel profits
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1st December 2021, 20:16
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macafee2
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Quote:
Originally Posted by
Lancpudn
I doubt the price of petrol, diesel, gas will ever come down in price again sadly due to the de-carbonisation of those industries, The UK's ETS (Emissions Trading System) is intertwined with the EU's Fit for 55 meaning a 55% drop in emissions before 2030 (The UK's is actually 64%
) I'm not quite sure when the carbon pricing taxes start but they're talking about funding Free public transport with those taxes.
https://airqualitynews.com/2021/11/3...y-researchers/
https://www.euractiv.com/section/ene...fuels-goodbye/
Forget the costs of de-carbonisation, the post refers to end of year profits. If profits are up then the costs of de-carbonisation only keeps the profit down.
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