WASHINGTON (Reuters) - Energy taxes in much of the world are far below what they should be to reflect the harmful environmental and health impact of fossil fuels use, the International Monetary Fund said in a new book on Thursday. (Says the global elite cabal who wish to rule the world....)
For the first time, the IMF laid out exactly what it views as appropriate taxes on coal, natural gas, gasoline and diesel in 156 countries to factor in the fuels' overall costs, which include carbon dioxide emissions, air pollution, congestion and traffic accidents.
Under its chief, Christine Lagarde, the IMF has delved into the impact of climate change, arguing that tackling the fund's core mission of economic instability is impossible without also addressing environmental damage. (Hahahaha economice stability??? Are you kidding??? Look guys, your old play book of condescending to the masses isn't going to work anymore. We are on to you and we know that your endgame is not going to be "economic stability" but will be what you think of as controlled chaos..but lets keep playing along, at least until the end of this article...)
At the book's launch in Washington, Lagarde said countries should not have to wait for global agreement on climate policies, and instead should move ahead in adjusting energy prices on their own. (You know, because everyone loves a dictatorship...)
Nations are now working on a United Nations deal for late 2015 to rein in greenhouse gas emissions that have hit repeated highs this century, but progress has been slow as nations fret about the impact any measures could have on economic growth. (We must do something, anything, even if it doesn't work, you know because of feelings or something and it's only the intentions that matter right? Not the actual outcome?)
The IMF's book argues higher energy taxes should not hurt growth if done right. (Hahahaha you guys have to stop this, telling a funny in your non-fiction novel of good intentions..."should not hurt growth??? " Oh look, we raised energy taxes and the global economy crashed...did I do that??? We didn't think it would hurt growth... oh well, we meant well)
"On this point, let me be crystal clear: we are generally talking about smarter taxes rather than higher taxes," Lagarde said, according to prepared remarks for the launch of the book. (OK guys listen up...WHEN YOU HEAR THE WORD SMART BEFORE ANYTHING, KNOW THAT IT IS ANYTHING BUT SMART AND THEN RUN FOR YOUR LIFE...but I digress)
She said higher energy taxes are the most efficient and simple way of dealing with environmental harm and would allow governments to stop relying on a "patchwork" of other uncoordinated policies to deal with climate change, such as subsidies for renewable energy. (That patch work of "other uncoordinated policies to deal with climate change" just isn't dictatorial enough for the ruling elites)
Higher energy prices would prompt people to shift (FORCE) to cleaner fuels or more fuel-efficient vehicles on their own, Lagarde said, adding that they could also allow governments to lower other taxes on consumption or income to reduce the burden on people, or pay down more public debt. (Pay down more public debt? Are you listening to your self??? We have close to 200 TRILLION dollars in unfunded liabilities and you think an energy tax is going to pay off debt??? Surely you jest...)
The IMF estimates implementing efficient energy taxes would reduce deaths from fossil fuels by 63 percent, cut carbon emissions by 23 percent, and raise revenues by 2.6 percent of GDP for the world as a whole. (ROFLMAO HAHAHAHAHAHAHA...no need to deconstruct that, a 5 year old could read the holes in that sentence)
The IMF has made a big push in recent years for countries to rein in energy subsidies, which it says hurt the environment while rarely helping the most vulnerable and eating up valuable government funds that could be put to better use elsewhere. (I don't even know where to start deconstructing that sentence sentence so I won't. If you would like to, send me an email...)
"But we need to go well beyond the elimination of direct cash subsidies, and make sure that energy tax systems around the world properly reflect environmental side effects," Lagarde said in prepared remarks for the event on Thursday.
Christine sweetie, I know you don't understand this now, but the old ruling elite playbook where you guys get to appear smart and in control and we eat up what you say because we don't know better is over. The IMF, I have renamed International MOFO's, we aren't buying it anymore and your best laid plans WE CAN ONLY HOPE will go awry...