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Earth Government The Almighty Buck

Denmark: We Can Slash CO2 By 70% In a Decade And Still Have Welfare (reuters.com) 94

Denmark said on Tuesday that it could reach its 2030 climate target of reducing emissions by 70%, one of the world's most ambitious, without compromising its generous welfare benefits. Reuters reports: Last year, parties across the aisle passed a law committing Denmark to reduce greenhouse gas emissions by 70% from 1990 levels, or around 20 million tons of CO2 equivalent, within 10 years. In a climate plan published on Tuesday, the government estimated that the annual cost of implementing the shift to greener technologies would rise to 16-24 billion Danish crowns ($2.5-$3.7 billion) by 2030 -- or 0.7%-1.0% of gross domestic product.

"Our ambitious climate goals are not without costs, but with a wise approach, the bill can be made smaller and managed so that we can afford both climate and welfare," Climate Minister Dan Joergensen said in a statement. Initiatives launched in the last year will cut around 5 million tons of CO2 equivalent, the government said. It said another 9-16.5 million tons could be cut by using new technologies such as carbon capture storage and 'power-to-X' - converting surplus electricity, usually from renewable sources such as wind, plentiful in Denmark, by using it to produce storable substances or fuels such as hydrogen or methane. The Danish Council on Climate Change, an independent adviser to the government, recommends sharply increasing the current carbon tax to get Denmark to meet its target.

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Denmark: We Can Slash CO2 By 70% In a Decade And Still Have Welfare

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  • Replace one or more existing taxes, dollar for dollar, with a carbon tax. Done.
    • Comment removed based on user account deletion
      • They have to tax the financial markets instead of the labor market. There's more than enough money up there to cover UBI for the whole world

        • They have to tax the financial markets instead of the labor market. There's more than enough money up there to cover UBI for the whole world

          Proposals like that won't work. People vote against them because they don't want their 401k to go down.

          • I don't think there is a "401k" in Denmark. Since social welfare is good, that must include retirement pension too. Any Dane can confirm this?
            • Plenty of Danes have retirement savings above their pensions. Also any pension thats not just a long term ponzi scheme needs to invest in the markets as well, or it's just hoping it can the rube down the road will pay out for promises being made now.

            • Do Danes invest in the stock market?
        • They have to tax the financial markets instead of the labor market. There's more than enough money up there to cover UBI for the whole world

          Taxation doesn't work like that, sorry.

          • Well, we have to work it that way. We have to shift the burden to those who can pay the easiest. Let's not care how loud they complain.

            • Then you'll have to do a wealth tax. Financial market tax might work for a year, but then things will get shifted around and revenues will drop.
    • Nothing is ever simple.

      In Europe, energy (electricity and gas) is already so heavily taxed, that is is much cheaper to heat your home with firewood. Most country homes have wood stoves for the purpose and there are huge commercial firewood forests all over.

      If not for the noise and hassle, I could build a steam engine in my backyard to generate electrity from wood and it will be cheaper than the mains supply - thinking about that, it could make a fun project...

      A small 2 to 3 kW solar and wind electric

      • Re: (Score:2, Interesting)

        by chr1973 ( 711475 )

        You didn't provide any references.

        It's non-trivial to find the data, and maybe I misread it, but here are some tax rates for households on electricity in northern Europe:

        - Germany 2019: 5 EUR/GJ
        - Norway 2020: 4 EUR/GJ
        - Denmark 2019: 34 EUR/GJ
        - Sweden 2019: 7 EUR/GJ (North), 9 EUR/GJ (South)

        So Denmark is definitely an outlier compared to Germany, Norway and Sweden.

        For the latter countries, let's assume 7 EUR/GJ as an average value. Let's further assume a typical household's (house) yearly consumption of elec

      • Gas is more taxed in Europe than in the US, but as for other energy sources, I wouldn't be so sure. How much do you pay for 1kWh of electricity in the US? Let us start with that and we can compare.
        • by tippen ( 704534 )

          How much do you pay for 1kWh of electricity in the US? Let us start with that and we can compare.

          I'll play... Where I live in Texas, we can choose our own power provider. On my current contract, I'm paying $0.04544 per kWh.

        • I am in the highest-priced market in the Continental US - Southern California (yes, land of solar panels and wind turbines and rolling blackouts). We pay about $0.23 per kWh - about 60% of what Germans or Danes pay.
    • It's even simpler.

      Reduce fossil fuel production + import by 10% each year.

      No tax needed, just monitoring. Done.

    • Replace a tax? They can't do that. Policies like that aren't cost neutral. They cost A LOT of money. For example electricity in Denmark already costs more than double of what it costs in the US. The only countries where it costs more are Germany and Bermuda.

      Here's how these CO2 and welfare policies work in Germany: we are getting a completely new CO2 tax next year on top of all the other existing eco taxes and they're also going to raise health insurance premiums. Our governments are ravenous money holes. T

      • Germany: we are getting a completely new CO2 tax next year on top of all the other existing eco taxes and they're also going to raise health insurance premiums.

        I thought pretty much ALL of Europe had "free" socialized medicine?

        • LOL - the only time you get something "for free" from the Government is when they've hidden the taxes so deep no one can figure them out!
  • Methane should be a big target, making use of what is a worse green house gas, burning it to produce energy or converting it into butane with surplus renewable energy, as a better liquid energy store. Capturing sewer gases from all those towns and cities and their sewerage treatment works and making use of it or turning it into butane and selling it, instead of venting it to atmosphere. Methane is made from carbon dioxide so apart from the stuff stored in the wild, buried or frozen, it is a wash, just good

  • Why was it assumed reducing CO2 emissions would hurt welfare benefits? Is there no other spending in Denmark which can be cut to play for it? Or are welfare costs such a large line item that the remainder of the budget is less than the CO2 reduction plan would cost?

  • by bobstreo ( 1320787 ) on Tuesday September 29, 2020 @11:12PM (#60555958)

    Setup vast arrays of bicycle generators, pay the poor by the Kwh

    Win, win, win

    • They can also wave air filters in the air.

      We can leverage the demand for immigration on this. We can call it Americas Foreign Legion. Wave this filter in the air while peddling this bike every day for 5 years and you make citizenship.
    • Well that sounds like slavery with extra steps!

    • Setup vast arrays of bicycle generators, pay the poor by the Kwh

      Win, win, win

      Ayn Rand? ... Is that you?

    • With about 10 homeless bozos pedaling you should just about be able to run a kettle and make some tea.
  • But they still can't/won't pay their NATO contributions.

    • But they still can't/won't pay their NATO contributions.

      Are we talking about corporate welfare, and the United States?

    • by teg ( 97890 )

      But they still can't/won't pay their NATO contributions.

      Do you have any references to Denmark not paying their NATO contributions? I think a lot of Americans are misunderstanding how NATO works, probably because Trump has miscommunicated it in the past... probably due to general lack of knowledge.

  • If the goal to reduce CO2 emissions? Or is the goal to mitigate climate change? Because the latter can be achieved (more cheaply) than the former.

    • Citation?

      • There are none. People claim that reducing CO2 emissions will solve global warming in the most optimal way without any scientific and economic basis. They are not following the science and economics, because there are none. For all we know, geoengineering, or doing nothing, may be a better alternative.

  • Next will be the pink invisible colorless dotted Unicorn tax.

    --

    Oh mortal man, is there anything you cannot be made to believe?
    • Next will be the pink invisible colorless dotted Unicorn tax.

      I think the church in its numerous manifestations has about 2000 years worth or prior art on that one.

      • by MSMSN ( 7230278 )
        And there is no reason to change a working manuscript.

        1. Put fear in the mind of the people.
        2. Wait for the people to cry for help.
        3. Give them the costly solution.

        Just make shi* up, like anything - hell, aliens, meteor, failing sun, too hot sun, CO2, MF3, just let your imagination run free.

        Back when burning people, because of witchcraft and what not. They simply, as today, used the experts at that time.
  • Next thing I'm going to be hearing some malarky about spending money on economic activity and injecting funds into the market will actually stimulate economic growth, including jobs growth.
  • denmark. wow. then we're done here.

  • Sweden also claimed they'd be rid of all fossil fuels by 2020, in 2005:

    https://en.wikipedia.org/wiki/... [wikipedia.org]

    • No, not even close. Your own link says:
      - It was a proposal, never implemented in any law or policy
      - 2020 was just a milestone, and not "rid of all fossil fuels" by any measure
      - The target for 2020 was to cut oil usage by 25-50% depending on industry

      • by otuz ( 85014 )

        The current proposal by Denmark is no different. Here's an original article by the national broadcasting / news organization of Sweden, and it's not any different from the one proposed by Denmark now. They could reach a target, but definitely will not. It's all a publicitiy stunt.

        https://www.svt.se/nyheter/inr... [www.svt.se]

        • There appear to be a number of differences [bbc.com] with the Danish law:
          - It's an actual law, not a proposal
          - It has broad support from nearly all political parties, as well as the people
          - All ongoing policies are required to support emissions goals
          - The government can be held to account (even made to step down) if it doesn't achieve annual climate targets

        • The current official ambition is 55–63 percent by 2030 and at least 73–75 percent by 2040 compared by 1990.
      • by otuz ( 85014 )

        Also, for a true perspective on this discussion vs what it was here on Slashdot, see here: https://hardware.slashdot.org/... [slashdot.org]

        • Not really sure how a different Slashdot discussion will be any more true - particularly when its headline was completely wrong to start out - but OK.

    • Well they are pretty much there from electricity generation end of things, though conveniently plentiful hydro electricity really helps them there. And in transport they they are ahead of most. They are not Norway, but they are not far behind either.
      • by otuz ( 85014 )

        > And in transport they they are ahead of most

        They have one of the oldest pools of cars in Europe, along with Finland and Greece due to extreme car taxation, unlike Norway and Sweden.

        • I was thinking more about electric car market share among new cars. Now looking at it though... well I wouldn't say they have one of the oldest car pools in EU, by the looks of it they are quite solidly average in this regard. https://www.statista.com/stati... [statista.com] Maybe you could say they have an old car fleet, if you adjust for average income or something.
  • Unless Denmark commits to reducing fossil fuel production / import by 10% next year, 20% in 2022 etc., this is, unfortunately, hot air.

    It's a pity. The Danes are really advanced in the transition to renewables. They *could* do it.

  • by Misagon ( 1135 ) on Wednesday September 30, 2020 @05:51AM (#60556532)

    There is something missing in the article. It relies too much on a direct quote (or direct translation of a quote), without providing an interpretation of what it actually means.

    In Scandinavian countries such as Denmark, the term "Velfaerd" is a much wider concept than what "Welfare benefits" means in American English.
    The word refers to the citizens' general well-being, and includes pretty much everything that the state can do to maintain a minimum quality of life for its citizens: It includes the school system, kindergartens, health care, pension system, public housing, etc.
    The welfare system is funded by taxes, and the funding of welfare is therefore dependent on a functioning national economy -- which is the real issue here.

    It is not just about paying out checks to people with low financial means.

    • I was about to make a snarky comment about being glad DK had their priorities in line, but thanks for clarifying that. That's a huge difference.

      Here in the US- although it sounds like you may already know this- our ROI on social programs is abysmal. I'd *love* for my taxes to go towards cool projects that you see in Europe. However, in addition to being far more sparsely populated, our government manages tax spending pathetically and places no real demands on metrics showing results. Couple that with th

  • I live in Denmark and I can tell you that very few people outside the extreme left believes that the 70% will be achieved (this includes Dan Jørgensen).

    The 70% figure was the price that the social democrats had to pay to the left in order to form a government. The way that the government are purposing to meet the 70% goal is through technical innovation sometime in the future - they have shown a, totally not made up, hockey stick figure where everything is fixed in the laste couple of years - long afte

    • handing out money to potential voters. They do not care about the environment or economy.

      I know those feels Danish-Bro

  • It does take a change.
    But it doesn't take much.
    Unless you think gving up your 2.7 metric ton SUV with 15 liters per 100km of fuel usage and a laughable lifetime of 10 years or so is much.

    We can go CO2-negative within a few years. Globally. It just takes the political will and fuel and meat and electricity to go up by 250% to 400%, depending on the eco-balance. Everyone can offset that by changing most of their consumption habits. Low-income drivers dependent on mobility can get a tax-break or tax-reduction

    • It just takes the political will and fuel and meat and electricity to go up by 250% to 400%, depending on the eco-balance. Everyone can offset that by changing most of their consumption habits.

      I fail to see the direct benefit to ME for all of this sacrifice in the quality and comfort of my life and lifestyle.

      I like meat, a lot.

      I like using electric gadgets.

      I like to drive fast cars.

      So, I give up things that I have worked hard for and REALLY enjoy for life...what do I get in return that will make me equ

    • 15 liters per 100km

      wut?

  • Having welfare is not a good thing

The use of money is all the advantage there is to having money. -- B. Franklin

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