Finance ministers to consider tax incentives for climate mitigation

New EU energy taxation, green budgeting and further carbon pricing could play a role in achieving a climate-neutral economy, according documents to be discussed by EU finance ministers

New EU energy taxation, green budgeting and further carbon pricing could play a role in achieving a climate-neutral economy, according documents to be discussed by EU finance ministers at an informal meeting on 13 and 14 September in Helsinki.

A revision of the 2003 Energy Taxation Directive might be on the cards since the still current legislation does not take into account recent energy and climate commitments and long-term decarbonisation targets or new technologies and products on the market, according to internal documents drafted by the Finnish EU Council presidency.

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