Commission launches new consultations
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.