The
European Commission has launched two public consultations on initiatives that
aim to maximise the impact of taxation in meeting the EU’s climate goals. The
revision of the Energy Tax Directive (ETD) and the creation of a Carbon Border
Adjustment Mechanism (CBAM) were identified in the European Green Deal as a means to help with the
transition towards a greener and more sustainable economy. Interested parties
are invited to share their views on the Revision of the
Energy Tax Directive
by 14 October 2020 and a new Carbon Border
Adjustment Mechanism
by 28 October 2020.
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