Despite the “inevitable impact on the European economy” of “Putin’s senseless war”, EU Economy Commissioner Paolo Gentiloni said that “in compliance with the objectives of the EU Green Deal , a sunset clause stipulates that Member States have to phase out reduced rates on fossil fuels by 2030”, in a letter to EU finance ministers on Monday 25 April.
“Exceptionally, the EU Council may also authorise a Member State to go even below the minimum taxation rates, for specific...