UTILITY TAX RATES
March 1st, 2003
BY ALAN OSBORNAfter six years of negotiation the 15 EU countries have agreed to introduce binding minimum tax rates on natural gas, coal and electricity and to raise taxes on other energy products in order to curb usage of fossil fuels. The so-called "political agreement" between EU finance ministers this week (Thursday 20th), which requires approval by the European Parliament, will reduce present distortions of competition between EU members in coal, natural gas and electricity, increase incentives to use energy in general more efficiently and allow ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.