Greening urged for Europe's fiscal policies

European environmental bureau calls for 10% shift in taxation from labour to pollution by 2010

Europe should launch a comprehensive programme of environmental fiscal reform at both EU and national levels, the European environmental bureau (EEB) said today at the launch of an eighteen-month campaign dubbed "getting the prices right".

First in a list of four main demands is for a minimum 10% shift from taxing labour to taxing natural resources by 2010, with no overall increase in revenue. Beyond this, all environmentally-harmful subsidies should be removed by 2005, there should be fiscal incentives for environmental protection, and strengthened energy efficiency policies should be adopted, the group says.

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