CLIMATE - 'FIT FOR 55' LEGISLATIVE PACKAGE / Taxation

European Commission proposes updating Energy Tax Directive

Brussels, 14/07/2021 (Agence Europe)

As part of its legislative package to achieve the EU’s target of reducing greenhouse gas emissions by at least 55% by 2030 (‘Fit for 55’), the European Commission presented on Wednesday 14 July a proposal to revise the Energy Taxation Directive, which has remained unchanged since 2003(see EUROPE B12755A10).

“We also need taxes to positively influence our behaviour, and that is why we are revising our (energy) taxation directive. It’s almost twenty years old, it still subsidises...