European Court of Auditors: EU's Energy Taxation Policies Don't Square With Its Climate Goals
February 01, 2022
February 01, 2022
BRUSSELS, Belgium, Feb. 1 -- The European Union's European Court of Auditors issued the following news release on Jan. 31, 2022:
Energy taxation can support efforts to combat climate change, but current tax levels do not reflect the extent to which different energy sources pollute. A review published today by the European Court of Auditors outlines how energy taxes, carbon pricing and energy subsidies contribute to achieving the EU's climate objectives. Even though renewab . . .
Energy taxation can support efforts to combat climate change, but current tax levels do not reflect the extent to which different energy sources pollute. A review published today by the European Court of Auditors outlines how energy taxes, carbon pricing and energy subsidies contribute to achieving the EU's climate objectives. Even though renewab . . .