Tax Fossil Fuel Profits: EU's Plan to Fight Energy Price Spikes
Автор: Global Vibes Network
Загружено: 2025-10-29
Просмотров: 1
Описание:
Fossil fuel profits, energy price spikes, EU oil companies, tax excess profits, reduce fuel costs for households.
Dive into the analysis from Transport & Environment (T&E) revealing how EU fossil fuel companies raked in over €180 billion in profits since Russia's invasion of Ukraine. Explore why taxing these excess profits could shield low-income families from volatile energy prices.
Key insights:
Oil and gas profits surged 45% in 2022 to €104 billion.
Governments' subsidies kept demand high, boosting company pockets.
EU policy options: End fossil fuel subsidies or impose sustained taxes.
Learn about the EU Emissions Trading System (ETS) and future ETS2 impacts.
Discover how revenues can fund green alternatives like EV schemes and public transport.
This video breaks down the economics of energy crises, climate dividends, and fair wealth distribution. Perfect for understanding policy changes in the EU energy sector.
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