Carbon pricing: can Europe succeed where Macron failed?

“The elites, they talk about the end of the world. Us, we talk about the end of the month”. This was the rallying cry of the gilets jaunes movement back in 2018. Although the movement was about much more than the cost of driving, the proposed carbon tax did become a symbol for the disconnect between the ‘elites’ and working people outside big cities. In the end, French president Macron made a U-turn and abandoned the plan.