NEWS

EU lawmakers plan to implement carbon tax on personal fossil fuel use

Updated: December 22, 2022 at 10:57 pm EST  See Comments

Thu Dec 22, 2022 – 9:47 pm EST

(LifeSiteNews) — Lawmakers in the European Union (EU) are plotting to implement an extra “carbon price” on fossil fuels, including those used for personal vehicles and heaters, according to a Sunday report by EU policy news site Euractiv.

According to the report, lawmakers reached an agreement early Sunday to approve the carbon tax, combined with a fund to help Europeans switch to alternative energy sources. The decision will increase costs for gasoline and diesel at the pump, as well as gas and coal to heat homes, offices, and other spaces.

The added cost is slated to take effect in 2027, though the European Parliament said they may delay it to 2028.

EU agrees CO2 tax on heating and transport fuels, softened by new social climate fund https://t.co/XOtFg4gN8s

— EURACTIV (@EURACTIV) December 18, 2022

Euronews suggested that individual households will be required to foot the bill for their use of traditional fuel sources thanks to the legislation, reporting that “[t]he agreement also aims to make households pay for emissions linked to fuel and gas heating from 2027, but the price is expected [to] be capped until 2030.”

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The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Official Street Preachers or its editors

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