Brussels Plans to End Fossil Fuel Subsidies

Dan Jorgensen criticized the EU’s tax system. He said the EU spends too much money on fossil fuels. The EU wants to increase electricity use by 46%.

Dan Jorgensen, an energy commissioner, believes the EU’s current tax policies are problematic. He compared subsidizing fossil fuels to giving unhealthy food to someone with diabetes. The EU spends 97 billion euros a year on fossil fuel subsidies. The European Commission wants to change this and reduce support for fossil fuels. They plan to increase electricity generation in the EU by 46% by 2040.

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