EU considers energy taxes to counter climate change

Amman, The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for “drastic steps” to reduce carbon emissions.

Over the last decade, EU countries have led a global shift towards renewable energy and set up the world’s largest emissions trading system to price carbon and reduce reliance on more polluting fuels.

However, the bloc’s rules on energy taxation have not changed for more than 15 years.

They are “outdated and poorly adapted to climate change challenges and developments in energy policy at EU level”, according to a document that EU finance ministers will discuss at meetings in Helsinki on Friday and Saturday.

Source: Jordan News Agency