CleanTechnica•5 months ago
Europe Is Finally Admitting Electricity Is Overtaxed
- •The European Commission is reportedly acknowledging that electricity is overtaxed, currently burdened with levies as if it were a polluting end product.
- •This policy shift could lead to reduced electricity costs for large power consumers and improve the economic viability of electrification projects across Europe.
- •The recommendation signals a move towards treating electricity as a clean energy carrier, aligning taxation with decarbonization goals and potentially boosting demand for clean power.
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