The European Union may seek to end the tax exemption for bunker fuels , says an article published in Ship & Bunker.
What the Report suggests
“When revising the Energy Taxation Directive, the Commission will aim at aligning taxation of energy products and electricity with EU energy and climate policies,” the Commission said in the report.
“The taxation of energy content for various fuels should be better aligned, and the uptake of sustainable transport fuels better incentivized.”
“Aviation and shipping should be given priority access to additional renewable and low carbon liquid and gaseous fuels, since there is a lack of suitable alternative powertrains in short term,” the Commission said.
These fuels could include hydrogen, hydrogen-based synthetic fuels and advanced biofuels.
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Source: Ship & Bunker
