No delay – Kogler will stick to the CO2 tax from October

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Originally, the carbon pricing that was sealed as part of the eco-social tax reform should have been introduced in July. But this was postponed to October due to massive inflation. There are now more and more voices from the ranks of the ÖVP calling for further delay. Vice Chancellor Werner Kogler (Greens) wants nothing to do with it.

“The law is there and I assume it will come into effect,” he emphasizes in an interview with the TV channel Puls 4, which will be broadcast on Wednesday at 8:15 pm. After all, it would be a pity for people if the climate bonus – this time a uniform 250 euros plus 250 euros inflation compensation – were not paid out. Because: “If we would do without CO₂ pricing, there would be no climate bonus either.”

This creates a redistribution from top to bottom, because lower-income households generally use less energy, but receive the same climate bonus as households with more energy consumption. In addition, CO₂ pricing provides an incentive to save energy, continues Kogler. In addition to diversifying energy sources, reducing consumption is an essential cornerstone in preparing for an uncertain autumn and winter.

Sanctions hit Russia harder than Europe
Should Kremlin boss Vladimir Putin actually stop the gas supplies completely, “we have a difficult perspective, that should be clear to everyone”. Despite the reduced deliveries, on average there is still enough stored for the next six to seven months, the Greens boss reassured. Kogler rejects calls to end sanctions against Russia. These would hit Russia very well – harder than Europe.

In the search for alternatives to Russian gas, Kogler sees no point in fracking. In view of the price increases, a discussion has erupted again about tapping gas reservoirs in shale rock. In Lower Austria there should be plenty of it. In this context, the Federation of Industry is already pushing for a feasibility study.

Video: How does fracking work?

Will there be a higher tax on excess profits?
Given continued high fuel costs despite the fall in crude oil prices cones has ordered the Federal Competition Authority to present the facts, a result is still pending. In addition, there are preparations to tax the corporate profits higher.

Source: Krone

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