A green tax shift to transport can help fix the EU budget
Transport is Europe’s biggest climate problem, representing 27% of the bloc’s greenhouse gas emissions.
Interested in this kind of news?
Receive them directly in your inbox. Delivered once a week.
If Europe is to meet its climate targets and avoid the severe impacts of climate change, additional action is needed to tackle emissions from the transport sector. Meanwhile, the EU is drafting the post-2020 budget with a proposal expected in May 2018. The annual €10-14 billion gap that will be left as a result of the UK’s departure from the EU has triggered debate on alternative sources of revenue for the EU budget. This position paper outlines how a green tax shift has a key role to play in tackling transport emissions and addressing a gap in the EU’s budget post-2020.
Related Articles
View All
150 new power plants: the cost of balancing the grid if the EU slashes EV targets
Scaling back the EU’s electric car targets makes the transition to renewables far more expensive to achieve.
Weakening CO₂ standards undermines the Vehicle-to-Grid potential of EVs
A new report by Fraunhofer ISI examines the diminished benefits of V2G for Europe's electricity system if the EU weakens its car CO2 targets.
T&E's position paper