In 2023, France's climate change-related energy tax revenue stood at $38.25 billion. From 2024 to 2028, revenue is forecasted to see a marginal annual growth, reaching $39.24 billion by 2028. The year-on-year increase remains steady, around 0.5% annually, indicating stable, albeit slow, growth. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 0.5%.
Future trends to watch include:
- Potential impacts of policy changes aimed at enhancing climate mitigation.
- Innovations in renewable energy adoption that might alter the revenue dynamics.
- EU-wide policy harmonization or tax adjustments that could impact revenue expectations.