EU Needs members to drop veto over Potential carbon tax
The executive branch of the European Union is currently proposing that member countries drop their right to veto decisions on electricity taxes, a movement that may ease the introduction of a carbon tax throughout the bloc.
Meanwhile, the EU’s energy commissioner, Miguel Arias Cañete, said Tuesday no longer requiring stricter votes could enable”the potential of electricity taxation to foster the renewable energy transition can be freed.”
Approval of electricity tax choices instead would require a qualified majority, or even 16 of the 28 states that are current representing at least 65 percent of the population of the EU.
Scientists and economists say carbon dioxide could become a key instrument to reduce emissions from fossil fuels, however warn it has to be implemented in a way that does not disadvantage some states or sections of the population.