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German Lower House approves tax on greenhouse emissions for fuels, heating, gas starting 2021

Germany’s lower house of parliament on Thursday approved a tax on greenhouses gas emissions to be levied in stages from 2021, raising retail prices of car fuels such as gasoline and diesel, heating oil and natural gas.

The move, which entails alterations to a law on fuel emissions trading, envisages a tax of 25 euros ($29.41) per tonne of carbon dioxide equivalent in 2021, rising to 55 euros per tonne in 2025.

Gasoline prices will rise by 7 cents per litre and by 8 cents per litre for diesel from next year.



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