EU reviews minimum fuel prices

04 November 2011
 

European environmental transport lobby group Transport and Environment is pressing the European Commission to significantly increase minimum fuel tax levels in the forthcoming revision to the Energy Tax Directive. The EU has set minimum tax rates for petrol and diesel used in road transport since 1993 and rates were last updated in 2003. “The idea behind the new energy tax directive is that it should, as far as possible, complement the European Emissions Trading Scheme (ETS) by covering...

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