On 4th March 2020 the European Commission starts the consultation process to revise the energy taxation directive (2003/96/EC). This revision is part of the European Green Deal, announced in December 2019.
The main objectives of revising the Directive are:
- aligning taxation of energy products and electricity with EU energy and climate policies, to contribute to the EU 2030 energy targets and climate neutrality by 2050;
- preserving the EU single market by updating the scope and the structure of tax rates, and rationalising the use of optional tax exemptions and reductions.