The report observes that the Scandinavian countries, whose electrification of the vehicle fleet began earlier, are already facing this phenomenon of revenue erosion.
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The energy transition will cause a loss of 13 billion euros in state revenue by 2030, in taxes on fuels, and 30 billion by 2050, estimates the General Directorate of the Treasury in a report to be published Tuesday 5 December. The exit from fossil fuels implies a reduction in taxes on these energies: with unchanged taxation, they could erode, according to this interim report from the study on “the economic challenges of the transition to carbon neutrality” which he will publish in 2024.
These figures are part of the scenario of global warming limited to 1.5°, for which France and the European Union have made commitments to reduce their net greenhouse gas emissions by 55% in 2030. compared to 1990, and carbon neutrality in 2050.
The report observes that the Scandinavian countries, whose electrification of the vehicle fleet began earlier, are already facing this phenomenon of revenue erosion. The authors of the report emphasize that “several European countries are responding by mobilizing more other sources of revenue within the road sector” such as congestion charges or reducing subsidies for electric vehicles as their purchase price falls. Furthermore, the report estimates that an additional 110 billion euros per year (gross, compared to 2021) in private and public investments will be necessary for decarbonization projects.
Since the 19th century, the average temperature of the Earth warmed by 1.1°C. Scientists have established with certainty that this increase is due to human activities, which consume fossil fuels (coal, oil and gas). This warming, unprecedented in its speed, threatens the future of our societies and biodiversity. But solutions – renewable energies, sobriety, reduced meat consumption – exist. Discover our answers to your questions on the climate crisis.