EU Green Push Could Drive Up Fuel Prices by 50 Stotinki per Liter, Industry Warns
Business
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU , BNR reports. Following the sharp rise in electricity prices caused by carbon emissions quotas under the " Green Deal," the Commission now aims to extend the emissions trading system to include the transport and building sectors starting in 2027. This means that the cost of carbon will be incorporated into the final retail price of fuel , making drivers effectively
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