News Digest Item
16 Sep 2016

Nuclear fuel rod tax: NGO warns of billions in tax losses

Green Budget Germany

The German government could lose 3.9-5.8 billion euros in taxes by 2022, if the nuclear fuel rod tax is not extended beyond the end of this year, according to an analysis by NGO Green Budget Germany, commissioned by green power supplier NATURSTROM. “Producing nuclear waste tax-free – waste whose storage will preoccupy future generations for thousands of years – that’s not right,” said Thomas Banning, chairman of NATURSTROM in a press release. The tax is payable by nuclear power station operators whenever they use new fuel elements in their reactors and is currently to run out at the end of this year.

Find the press release in German here and the report in German here.

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