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MacroVoices #316 Daniel Lacalle: Energy in the New War Economy

Macro Voices

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Energy in the European Union - What's Going On?

The big difference between the united states and the european union in terms of energy for consumers is taxes. About 50 % of of the price ofa gasoline comes from taxes higher than 50 actually. And there is a carbon tax, the seal to price, that elevates prices even in periods in which ar gas, coal or oil prices are moderately a week. So problem of of the europeans union that generates less competitiveness, less growth,. That existed prior to colvert 19 and prior to the euchran crisis. What has happened now? The european commission is starting to think about the worst economic ideas that can be implemented.

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