Will the Covid-19 crisis trigger a global wave of green taxation?

24. January 2021 | Reading Time: 1 Min


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EC Green Taxation: New Plastic Tax & CO2 Tax

The European Council has approved the implementation of a plastic tax from 1 Jan 2021 (EUR 0.80 per kg plastic). Also, a new form of CO2 tax is on the table to finance the Covid-19 EU recovery fund of EUR 750 bn along with – once again – a financial transaction tax.

The question remains: Will the current COVID-19 crises triggre a global wave of green taxation?

  • Details on the topic of Energy taxation can be found in the PDF:
    Energy taxation as a key driver towards the Europe 2020 goals

Protect, preserve & improve

The EC has many plans & actions to protect its environment – air, water, nature, biodiversity and so on:

  • The European Green Deal
  • Global coalition for biodiversity
  • Circular Economy Action Plan

Find out more on the EC plans for the environment