In 2023, Germany's total support for fossil fuels in transportation stood at a certain level (data not provided for 2023). The forecasted data from 2024 to 2028 shows a gradual decline in financial support, from $1.06 billion in 2024 to $1.01 billion in 2028. This represents a steady decrease, with a year-on-year variation of approximately -1% per year, indicating a consistent downward trend.
Future trends to watch for include:
- Potential impacts of policy changes or technological advancements toward cleaner transportation options, which could accelerate the reduction in fossil fuel subsidies.
- Global economic shifts or energy crises that may alter investment priorities for Germany, affecting support levels for fossil energy.
