Skip to Content
AP National Business

EU auditor: Fossil fuels get more tax breaks than renewables

KTVZ
By
Published 9:58 am

By SAMUEL PETREQUIN
Associated Press

BRUSSELS (AP) — The European Union’s external auditor says the amount that energy sources are taxed doesn’t mirror their greenhouse gas emissions. The European Court of Auditors said Monday that more polluting sources of energy may get a tax advantage compared with others with a better carbon efficiency. Coal, for instance, is on average taxed less than natural gas, which is more carbon efficient, and some fossil fuels are taxed less than electricity, which could be produced by low-carbon sources.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content