Among the interventions expected this Thursday during the 2nd evaluation meetings is prominently that of Antoine Dechezleprêtre on the impact of climate policies that increase the cost of energy. While the anger of the "yellow vests" ignited at the end of 2018 after the surge in fuel prices - prompting the executive to freeze the trajectory of the carbon tax - the subject became explosive in France. The work of the OECD economist, conducted from a panel of 8000 manufacturing companies between 2001 and 2016, helps to rationalize the debate.
Two conclusions can be drawn from his study: increasing the cost of energy, as the carbon tax does on purpose, does indeed reduce CO2 emissions. Above all, this increase has very little impact on employment.
Read also: Piketty wants to tax "the richest 10%" because of ... CO2
In detail, a 10% increase in the average cost of energy causes, calculated economists, a decrease of 6% in energy consumption and 9% in carbon emissions as well
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