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EU considers 10-year delay on new taxes for shipping fuels

EU considers 10-year delay on new taxes for shipping fuels

EU considers 10-year delay on new taxes for shipping fuels

European Union countries are considering a 10-year delay in introducing EU taxes on aviation and shipping fuels, as they attempt to push through long-stalled energy tax reforms.

The European Commission proposed an overhaul of the EU’s energy tax rules in 2021, aiming to align them with broader climate goals. According to Reuters, this included the gradual introduction of taxes on carbon-emitting fuels used for flights and shipping within the European Union, sectors that currently benefit from exemptions to EU-wide minimum tax rates.

However, the proposal has faced resistance from member states. According to the draft negotiating text seen by Reuters,

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