EU carbon tax revenue triples in six years reaching €51 billion

Revenue from carbon dioxide related taxes across the European Union experienced a surge between 2017 and 2023, climbing from €15 billion to €51 billion.

According to Eurostat, these levies, which are strictly applied to the carbon content of fossil fuels, have become a significantly larger portion of the total energy tax landscape.

The share of these specific taxes within the broader category of energy taxation rose from 6.0 per cent in 2017 to 19.7 per cent in 2023, marking...