Quote:
Originally Posted by cal_guy
Germany has an unemployment rate of 7.6% and does not have a carbon tax it has a series of taxes levied on oil products and electricity. The European nations that have a relativly long history with carbon taxes(Sweden, Finland Netherlands and Norway) have fared pretty well.
http://www.dw-world.de/dw/article/0,...681774,00.html |
My bad, that should have said 8%, not 18%.
Either way, that is a rather high number, especially when considering that desired unemployment rates are around 4%.