Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Spain

EC urges Spain to raise “green” taxes in transport, energy

byCT Report
07/02/2017
in Spain
Share on FacebookShare on Twitter

MADRID: Brussels asks Spain, in a report spread yesterday, to increase “green” taxes and to reduce subsidies damaging the environment. Besides, it asks the Spanish authorities to improve water and waste management, as part of the country’s main “challenges” in the implementation of the European environmental regulations.

According to the document, the income from environmental taxes in the last decade in Spain “remained being among the EU’s lowest”, with 1.85 % of the Gross Domestic Product (GDP) in 2014, compared to the EU’s average of 2.46 %. Brussels thinks that there is a “clear margin” to review “green” taxes, mainly in the sectors of transport and energy, but also in the fields of pollution and the use of resources.

You might also like

Solar installs in Europe jump by 88% in 2019 – IHS Markit

04/02/2020

Banker fined $58 million for smuggling Picasso painting out of Spain

23/01/2020

Regarding those subsidies granted to activities damaging the environment, the report points out that this is another “fundamental” matter, since Spain “still subsidizes fossil fuel, local carbon, company cars and diesel oil compared to petrol”. Therefore, it defends that developing a national strategy for the gradual removal of these subsidies and assistance “would be positive for Spain”. Brussels issues a report advocating the improvement of water and waste management

The Commission considers that one of the first “challenges” is improving water management, where Spain shows “very high rates” in the quality of drinkable water and bathing water, although it keeps “facing the challenge of dissociating the economic growth from the water management”.

As for waste management, the report bets on introducing a national tax on waste or harmonizing regional taxes, focusing on improving the efficiency of the selective collection to increase recycling rates, intensifying cooperation between regions and completing regional plans of waste management.

Related Stories

Solar installs in Europe jump by 88% in 2019 – IHS Markit

byadmin
04/02/2020

Europe added roughly 23 GW of new solar power generation capacity in 2019, up 88% year-on-year, according to preliminary calculations...

Banker fined $58 million for smuggling Picasso painting out of Spain

byadmin
23/01/2020

MADRID: An 83-year-old former Spanish bank chairman was fined 52 million euros ($58 million) on Thursday after being convicted of...

Airport authority plans €1.5-billion overhaul for Madrid’s Barajas

byadmin
14/01/2020

The Spanish airport authority Aena is planning to invest around €1.5 billion in remodeling its Adolfo Suárez Madrid-Barajas facility as...

Spain planning on going ahead with ‘Google tax’ despite US tariff threats

byadmin
23/12/2019

Spain will press ahead with the creation of a tax on certain digital services as soon as a government is...

Next Post

Pakistan, ADB sign $325m clean energy agreement

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.