Green Tax Reform – Emission taxes on industries

The energy taxes on industry’s use of fossil fuels were relatively low. This is why, by increasing them, a cost-efficient reduction of greenhouse gases could be achieved. With the implementation of this measure, the Danish government has increased the energy tax on the use of fossil fuels with DKK 6/GJ that corresponds to about 100 DKK/ton CO₂. This measure will raise the fossil energy taxation for all industries equally. Consequently, the existing differentiations in the energy tax rates for companies will be maintained only until 2025, but at a higher level for everyone.

More information can be found on the webpage of the Danish Ministry of Finance here.