In 2023, Spain led European environmentally related tax revenue from pollution in the electricity, gas, steam, and air conditioning sector, significantly outpacing other countries. The United Kingdom, despite having higher overall revenue in the past, posted a 1.19% decline. Estonia and Italy saw notable contractions, reducing by 3.75% and 10.85%, respectively. Countries like the Netherlands and Czech Republic experienced noteworthy growth, with 6.88% and 5.44% increases. A drastic 42.43% decline was observed in Lithuania's revenue. Additionally, Portugal showed a small growth of 3.68%, while Ireland and Slovakia faced significant decreases.
Looking ahead, focus will be on evolving regulatory measures aimed at reducing pollution and the integration of renewable energy sources. This transformation may shift tax dynamics as countries adapt to EU climate targets, potentially encouraging a diversification of energy portfolios and possibly diminishing pollution tax revenues in the long term.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Electricity, Gas, Steam and Air Conditioning Supply Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 81.88 | 2023 | +4.55% | +6.14% | View data |
| 2 | 2 United Kingdom | 4.3 | 2023 | +0.25% | -1.19% | View data |
| 3 | 3 Estonia | 2.34 | 2023 | +11.92% | -3.75% | View data |
| 4 | 4 Netherlands | 2.34 | 2023 | +5.64% | +6.88% | View data |
| 5 | 5 Serbia | 1.63 | 2023 | +1.79% | -0.39% | View data |
| 6 | 6 Poland | 1.48 | 2023 | -0.24% | +0.057% | View data |
| 7 | 7 Italy | 1 | 2023 | -8.74% | -10.85% | View data |
| 8 | 8 Czech Republic | 0.88 | 2023 | -0.26% | +5.44% | View data |
| 9 | 9 Latvia | 0.76 | 2023 | +9.59% | +1.41% | View data |
| 10 | 10 Austria | 0.42 | 2023 | +1.62% | -2.44% | View data |
