Fossil fuel subsidies remain high in Germany
Overseas Development Institute (ODI) / CAN / Green Budget Germany (FÖS)
Germany is demonstrating leadership across the EU in transparently reporting its fossil fuel subsidies, but its subsidies applied through tax deductions in transport and electricity remain very high, write the Overseas Development Institute (ODI), the Climate Action Network (CAN), and Green Budget Germany (FÖS) in a report. “Germany has also significantly increased subsidies to the use of fossil fuels in industrial processes through tax breaks for energy-intensive industries, which amounted to almost 10 billion euros per year between 2014 and 2016”, write the organisations.
Find the summary report in English here, and the brief on Germany in English here.
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