The 2024 report on energy subsidies in the EU, published on Tuesday 28 January by the European Commission, reveals that subsidies for imported fossil energy “continue to put a heavy burden on European economies and distort incentives for energy use”, often in environmentally harmful ways.
In 2023, these subsidies were still high (€111 billion) compared to 2021 (€60 billion), but below the €136 billion reached in 2022 at the height of the energy crisis.
In comparison, subsidies...