Together with 18 EU industry associations, EBB published a Joint letter on the Revision of the Energy Taxation Directive and how this should reflect the climate impact of energy carriers.
The signatories of this letter welcome the initiative of the European Commission for the long overdue recast of the Energy Taxation Directive (ETD). Such framework is key to reach the objective of the European Green Deal, as well as to boost the development of new energy markets and technologies which have evolved significantly since the directive was adopted back in 2003.
To achieve the European Union's ambitious climate targets, it is essential to accelerate the progressive substitution of fossil fuels with the production of sustainable alternatives such as Renewable and Low-Carbon Fuels, including all sustainable gaseous and liquid fuels1, by putting in place favourable tax incentives.
Read the full text of the letter here