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Lawmakers urge Brussels to ditch green label for gas in EU taxonomy
A group of 102 lawmakers in the European Parliament have called on the European Commission to withdraw its proposal to include fossil gas in the EU’s green finance taxonomy, saying Russia’s invasion of Ukraine has rendered the proposal obsolete.
read more... 18/03/2022
EC clears taxes on “windfall profits” to curb energy spike
European governments were free to tax the unexpected gains of those who profited from a surge in commodity prices from Russia’s war on Ukraine, European Commission president Ursula von der Leyen said on Friday.
read more... 15/03/2022
Tax windfall profits of energy firms to raise money for green investments
The European Commission will propose that EU countries tax profits made from recent gas price spikes and use it to invest in renewable energy and energy-saving renovations, sources familiar with the matter told Reuters on Monday (28 February).
read more... 02/03/2022
Slovakia receives counterproposal to nuclear energy tax from utility SE
Slovakia's dominant utility has submitted a counterproposal to plans for a tax on "excess profit" on nuclear power output due to be discussed in Parliament this week, the Economy Ministry said on Monday.
read more... 15/02/2022
New Polish gas plants will cost taxpayers billions, derail green transition
Poland’s plans to build five new gas power plants will cost more than investments into renewables and undermine efforts to reach net zero emissions, according to financial think tank Carbon Tracker.
read more... 11/02/2022