CleanTechnica•about 1 month ago
EU Energy Crisis Response Needs a Windfall Tax on Oil Companies to Fund Electrification of Transport
- •The EU's current emergency energy crisis measures are criticized by T&E as insufficient for reducing fossil fuel dependency.
- •T&E advocates for a windfall tax on oil companies to fund the electrification of transport.
- •The proposed policy aims to accelerate Europe's transition away from fossil fuel imports, signaling future load growth potential from transport electrification.
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