In 2018 the EU will develop a budget for the 2021-2027 period. The current budget earmarks €100 billion for investment in transport infrastructure, as well as research and innovation. Nevertheless, emissions continue to rise from the sector and represent 27% of Europe’s total greenhouse gas emissions.
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Spending should prioritise addressing this worrying trend, investing in infrastructure that helps reduce such emissions. Furthermore, the most polluting means of transport could become new own resources for the EU budget, which would help to reduce emissions and fill the EU budget gap that will be left after the UK exits the EU. Read more in our responses to the European Commission’s open consultations on the EU budget.
T&E's study shows Europe needs to shift its public investments from fossil fuel subsidies and road building to green fuels
Europe needs to shift its public investments from fossil fuel subsidies and road building to green fuels