Green overhaul of Swedish fuel and vehicle taxation

Green overhaul of Swedish fuel and vehicle taxation

11 April 2017 Magnus Nilsson The Swedish red/green government has announced sweeping reforms of both fuel and vehicle taxation. The proposals have been developed in order to reach a newly adopted target of reducing transport CO2 emissions in Sweden 2005–2030 by 70 per cent. a/ From 1 July  2018 a CO2 emission-based biofuels mandate will replace the present tax exemption for low blend biofuels. From that date at least 19.3% […]

Change in fuel tax rates and electric car subsidy in Hungary

Change in fuel tax rates and electric car subsidy in Hungary

Fuel tax amendment According to a new law on taxes which was adopted by the Parliament in June 2016, as of 1 September 2016, if the market price of the oil exceeds USD 50/barrel, then the applicable excise duty of fuels will be modified as follows: Unleaded petrol – HUF 120,000/thousand litre, Diesel oil – HUF 110,350/thousand litre. If the market price of the oil does not exceed USD 50/barrel, […]

15 Sept 2016 – Tax Briefing: “Diesel, air quality and health”

15 Sept 2016 – Tax Briefing: “Diesel, air quality and health”

Green Budget Europe, in collaboration with six civil society organisations*, held a policy briefing in Dublin discussing the importance of increasing the tax on diesel in Ireland ahead of the annual budget. Ireland buys the most new diesel cars per head of population (70% of all new sales). The European average is 50%, and countries where the sales of new diesel cars were high (e.g. Belgium, France, Spain, Sweden and […]

Ireland worst in world for diesel car sales; tax reform overdue

Ireland worst in world for diesel car sales; tax reform overdue

Budget 2017 provides a vital opportunity to re-balance car sales, cut air pollution, and improve health Irish people buy the most new diesel cars in the world. Car sales data shows diesel cars account for 7 out of 10 of all new cars sold in Ireland. “Globally, Europe is a diesel island. In the US and Japan diesel cars account for less than 5% of new sales. Europe, where diesel […]

Tackling air pollution from diesel cars through tax: options for the UK

Tackling air pollution from diesel cars through tax: options for the UK

A new report by UCL’s Institute for Sustainable Resources for Green Budget Europe outlines options for fiscal reform. Each year an estimated 40,000-52,500 premature deaths result from outdoor air pollution in the UK. A primary component of air pollution is nitrogen oxides (NOx) from various sources, but particularly from road transport, with diesel cars a significant contributor. Tax instruments hold a number of benefits to complement the existing policy landscape. […]

Tax diesel cars based on air pollution

Tax diesel cars based on air pollution

New report by UCL’s Institute for Sustainable Resources for Green Budget Europe outlines options for fiscal reform “Fumes from diesel cars kill people, however indirectly – even from newly-manufactured models”, said James Nix, Director of Green Budget Europe, the non-profit organisation which has commissioned a new report titled: Tackling air pollution from diesel cars through tax: options for the UK. “The governing EU regulation was weak before the 23 June referendum and, […]

What future for diesel cars?

What future for diesel cars?

It is often suggested that diesel cars have a useful role in reducing climate emissions, particularly in the wake of the Volkswagen scandal. This position, strongly promoted by many in the car industry, and accepted by much of the public, underpinned lower taxes and weaker air pollution standards for diesel fuel and diesel cars, contributing to a boom in diesel car sales. Diesel accounted for 53% of new car sales […]

How to cut diesel tax competition in the EU by adopting the US/Canada IFTA model

How to cut diesel tax competition in the EU by adopting the US/Canada IFTA model

A fuel tax agreement operates in the US and Canada which is known as the International Fuel Tax Agreement, or IFTA. Under the IFTA, truck operators (hauliers) record distance travelled and fuel consumed within each state/province (jurisdiction). Tax paid where fuel is purchased is later reconciled against actual use. Thanks to this reconciliation process, hauliers obtain a rebate from some jurisdictions and pay additional taxes to others. Significant differences in […]