Shipping industry: Green group denounces billions in fossil fuel subsidies

The maritime sector benefits from €24 billion per year in fossil fuel tax exemptions under the European Energy Tax Directive and national tax legislation, a campaign group has said

The maritime sector benefits from €24 billion per year in fossil fuel tax exemptions under the European Energy Tax Directive (ETD) and national tax legislation, a campaign group has said.

The EU’s shipping sector emits 150 million tonnes of CO2 per year, “more than the bottom 20 EU member states’ individual economies”, according to Transport & Environment, with emissions set to continue growing. 

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