French Protestors Fume over Climate Taxes and a Rising Cost of Living

French protests over a new climate-change-inspired fuel tax highlight high costs imposed on ordinary people by climate-change policies.

The so-called “Yellow Vest” protests that have sprung up in France in recent weeks now involve a variety of domestic policy issues. But they were triggered by a new tax on fuel prices. French residents from the less-prosperous countryside, where driving an automobile is required, took to the streets to protest yet one more burden placed on them to please French and European politicians.

Michael Rectenwald is the author of twelve books, including The Great Reset and the Struggle

For Climate Interventionists, New Taxes are Only the Beginning

[Editors Note: After days of rioting in the streets of Paris, French President Emmanuel Macron was forced to backtrack today on proposed gas taxes. While this episode demonstrated the unpopularity of trying to raise taxes in the name of fighting climate change, Mises Institute Senior Fellow Robert Murphy recently noted at IER that this is only the start for “climate interventionists.”]

China Was Desperate for a Trade Deal, but the G-20 Agreement is a Mirage

The G20 meeting in Buenos Aires had a primary objective. To reach an agreement between the United States and China.

However, the announced agreement is more a “diplomatic truce” than a real agreement.

The United States commits to delaying tariffs against China that would start on January 1st, 2019 and China commits to purchase more agricultural and energy products (LNG, liquefied natural gas) in addition to promising to advance in legal security, compliance with contracts, the opening of capital markets and protection of intellectual property.