Fossil fuels are heavily subsidized in the EU. In 2018, for example, fossil fuel subsidies in the EU amounted to €50 billion– twice as much as investments in new wind and solar power generation capacities. Subsidies for fossil fuels undermine climate policies, as it is their very purpose to make the production and consumption of fossil fuels cheaper.
Regardless of its climate commitments, the EU has continuously failed to phase out fossil fuels. Ending fossil fuels has been one of the most protracted and deadlocked issues of EU climate and energy policies. The Conference on the Future of Europe could give new momentum to this deadlocked debate.
The Conference should call for a legally binding deadline for the end of fossil fuel subsidies, and a truly green recovery that clearly excludes any funding for fossil fuel infrastructure. To facilitate more efficient EU rule-making on energy taxation, the Conference should recommend expanding majority voting to this policy field.
- Language
-
English
- Authorship
- Funding
-
European Climate Foundation (ECF), International - Published by
-
Ecologic Institute, Germany - Year
- Dimension
- 4 pp.
- Project
- Project ID
- Table of contents
-
Click to show full table of contents
Fossil fuel subsidies in the EU
Why is it important for the EU to phase out fossil fuels?
What can the Conference on the Future of Europe do?
Call attention to the issue of fossil fuel subsidies
Call for a legally binding end date
Call for a truly green recovery
Call for majority voting on EU taxation rules - Keywords
-
Conference on the Future of Europe, climate policy, energy policy, climate change, EU, Member StatesEurope
Meyer-Ohlendorf, Nils and Meinecke, Lisa Fee 2018: A Climate Law for Europe. Making the Paris Agreement Real. Ecologic Institute: Berlin.
Meyer-Ohlendorf, Nils 2019: A European Climate Law – What Should It Look Like?. Ecologic Institute: Berlin.
Meyer-Ohlendorf, Nils 2020: A European Climate Law – Draft. Ecologic Institute: Berlin.
Duwe, Matthias and Evans, Nicholas (2020): Climate Laws in Europe: Good Practices in Net-Zero Management. Berlin, Den Haag.
Meyer-Ohlendorf, Nils 2020: A European Climate Law. Analysis of the European Commission proposal. Ecologic Institute: Berlin.
Meyer-Ohlendorf, Nils 2020: Proposal for a European Climate Law – Suggestions for Amendments. Ecologic Institute: Berlin.