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Excise Duties on Electricity in Europe, 2024

In 1999, the European Union implemented a harmonised excise duty on electricity to generate revenue for Member States and promote energy efficiency. However, current environmental policies, such as the EU Emissions Trading System, are more targeted at reducing carbon emissions. Despite this, the Energy Tax Directive still requires Member States to impose minimum electricity duty rates, with many imposing higher rates.

Source Taxfoundation


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