News Digest Item
27 Mar 2017

“Electricity tax no longer justified”

Der Tagesspiegel

Stefan Kapferer, head of Germany’s largest energy industry association BDEW (Association of Energy and Water Industries), says the country’s next government would be prudent to repeal the electricity tax. The tax "can no longer be justified" and power prices would become “more competitive” without it, Kapferer said in an interview with Der Tagesspiegel. Lower fees and taxes on power are needed to enable companies to make important investments during the transformation of the power market, Kapferer added.

Read the interview in German here.

For background, see the CLEW article Debate on financing renewables in new ways gathers pace in Germany and the CLEW news digest item CO2 price should replace levy to fund renewables expansion - state sec.

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