The Price We Must Pay: Navigating Emissions Trading Schemes
<p>That island is Malta, and to compensate our shortfall here, we <a href="https://www.maltatoday.com.mt/comment/blogs/107860/when_the_last_field_is_gone_we_will_realise_that_you_cant_eat_tarmac" rel="noopener ugc nofollow" target="_blank">import 90%</a> of all our needs, including food, leaving it particularly vulnerable to overseas market changes. The recent surge in inflation, primarily triggered by post-pandemic disruptions and the war in Ukraine, has presented considerable challenges for many countries including Malta.</p>
<p>Only recently have prices begun to stabilize, making the weekly shop a more predictable affair, which is a relief for many. Unfortunately, a constant sense of dread remains, fearing that the inflation beast may return, possibly sooner and hungrier than before.</p>
<p>In January 2024, an upcoming EU-wide carbon tax on shipping is anticipated to have significant repercussions for European consumers, not least those of us in Malta.</p>
<p><a href="https://medium.com/the-new-climate/the-price-we-must-pay-navigating-emissions-trading-schemes-b86c6d9e4dba"><strong>Read More</strong></a></p>