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Europe Daily Bulletin No. 12880

1 February 2022
Contents Publication in full By article 15 / 27
ECONOMY - FINANCE - BUSINESS / Taxation
European Court of Auditors targets 15 Member States for subsidising fossil fuels more than renewables
Brussels, 31/01/2022 (Agence Europe)

Fifteen Member States subsidise fossil fuels more than green energy, a situation that is inconsistent with the EU’s climate goals, according to an analysis of EU energy taxation policies published by the European Court of Auditors on Monday 31 January 2022.

The report does note that efforts have been made. Subsidies for renewable energy have almost quadrupled between 2008 and 2019, from 20 to 78 billion euros. The use of renewable energy for electricity generation has increased over the...

Contents

SECURITY - DEFENCE
EXTERNAL ACTION
SOCIAL AFFAIRS
SECTORAL POLICIES
EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS