Government revenues from environmental taxes amounted to €369 billion in 2017 in the European Union (EU), compared with €264 billion in 2002. Over the same period, the share of environmental taxes in total government revenues from taxes and social contributions1 decreased from 6.8 % in 2002 to 6.1 % in 2017.
“Tomorrow, the European Commission will unveil plans to move decisions on tax issues under Qualified Majority Voting (QMV) in the Council. However, Member States will still retain a veto over tax issues under the current unanimity rule. Following on from major tax scandals, as well as an urgent need to introduce new legislation on key tax issues, core files have been stuck for months or years in the Council.”
In view of first exchanges of views on the Commission’s 2050 long term strategy vision for greenhouse gas emission reduction, Orgalime, Europe’s Technology Industries, outlines its key messages for turning challenges into opportunities for all.
“While the world is becoming more energy efficient, strong global growth is offsetting those gains. As a result, we are consuming more energy and emitting more carbon dioxide.”