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Photo Credit:Fair Use [17 U.S.C. § 107]. European Parliament

EU's New Carbon Tax : A €300bn Opportunity to Help Transition European Citizens Away from Fossil Fuels

06 Jun 2025 | Abstracted from CleanTechnica

"In 2027, the EU will introduce a new emissions trading system, the so-called ETS2, that will levy a carbon price on diesel, petrol and heating fuelsP

"T&E recommends that governments redistribute half of the nearly €300bn revenues collected from the ETS2 between 2026 to 2032 directly to the lowest earners within countries, with the remaining half to be invested in green infrastructure.



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