Brussels wants fuel levies to reduce emissions

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Brussels is planning plans this week to increase taxes on fossil fuels and to introduce a global EU tax on aircraft kerosene for the first time, in an effort to prioritize global air emissions tests.
The European Commission will propose to amend its 15-year carbon law to provide for the promotion of low fuel prices and to pay taxes on the most destructive power supplies used by airlines. The measurement is one of the 12 milestones announced on Wednesday for the EU to achieve its target of 55% greenhouse gas emissions by 2030. Others include EU expansion. A marketing ploy, durable CO2 traffic regulations and a carbon tax on other sales.
The tax law, seen by the Financial Times, suggests a gradual growth in the price of fossil fuels such as petrol, diesel and kerosene used as jet fuel over 10 years. Zero-air, green hydrogen smoke and jet fuel immovable cannot manage money for ten years under this system.
The “Fit for 55” package puts the EU on trial, but the guidelines are in danger of retaliating against other governments and individuals.
The introduction of natural taxes should be one of the political priorities of the Commission. Unlike many other green laws in Brussels, reform of the tax law requires mutual cooperation to make the 27 EU countries a reality.
Paolo Gentiloni, Brussels’ finance commissioner, said the change was “now or not”.
“Amazingly, [the current energy taxation directive] promotes oil and natural gas. We need to change that, “Gentiloni said at a G20 cabinet meeting this week.
The EU tax law dates back to 2006 and established a system that “favors the use of old oil” due to the frequent availability and sewage power outages in various countries, according to the document. The bill is designed to impose lower tariffs on electricity sales for both groups.
One of the major changes we are requesting is the elimination of fossil fuels such as kerosene. The figures say the jet fuel used in EU missions should have new taxes, which have not been disclosed, officials say. The rules, however, should restrict cargo aircraft only, and apply the lowest cost of non-commercial travel, according to the specifications.
Although the kerosene tax has been accepted by most EU countries, it has caused the airline industry to decline. Brussels is also planning to tackle the free interest rates offered in the region under ETS. In addition to tax laws, the freight sector may increase aircraft’s compulsion to reduce emissions or pay for waste.
The report states that a gradual increase in the minimum tax rate over a ten-year change could help avoid the problem of “double taxes” on the aviation and aviation industries that put at risk two types of CO2 prices.
A4E Airlines has stated that the new carbon taxes in the region are “environmental and economic” and that market prices should be the only major source of CO2 prices imposed on the market.
“EU oil tariffs could create competition for domestic and European domestic markets,” A4E said. “Petroleum taxes that could lead to lower taxes in the EU could have a significant impact, as they could open the door to different prices in one market.”
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