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European Parliament vote on fuel taxes: reaction from Transport & Environment

Brussels - Fuel tax havens such as Luxembourg and Spain may have to raise their low diesel taxes following a vote in the European Parliament in Strasbourg this afternoon on a proposal to revise the EU’s Energy Tax law.  Commenting on the outcome of the vote, Magnus Nilsson, senior campaigner at T&E said: “This vote is good news for countries like Portugal, Belgium, France and Germany who currently lose billions in tax revenue as a result of lorries filling up in fuel tax havens such as Luxembourg and Spain.  Lower diesel taxes are bad for the climate and force governments to find cash elsewhere, such as by raising job-killing labour taxes.  ”

Study: fuel efficient cars lead to lower oil prices

European fuel efficiency standards for new vehicles will lead to a lower global oil price according to a groundbreaking new study published today by Enerdata energy consulting. National governments must respond by increasing fuel taxes to counteract the increase in oil demand and greenhouse gas emissions that would result, according to T&E who commissioned the study.