Finance ministers signal support for energy tax plan

EU finance ministers meeting in Sweden at the end of last week have given cautious backing to a plan to introduce a minimum levy on the CO2 content of motor fuels as part of a revision of the energy taxation directive.

Several ministers supported a carbon tax to reduce emissions in sectors not covered by Europe's emissions trading scheme, according to the Swedish presidency. Such a tax could be adopted at EU level as part of a revision of the directive.

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