In 2023, Germany's climate change-related energy tax revenue stood at approximately 56.5 billion USD. With forecasts for 2024 to 2028 showing modest annual increases, the revenue is expected to rise to 58.01 billion USD by 2028. Year-on-year growth rates are marginal, reflecting a stable yet slow upward trajectory. Specifically, annual growth rates hover around 0.46% each year. Over the five-year span, the compound annual growth rate (CAGR) is approximately 0.5%, indicating steady but cautious optimism for revenue growth driven by climate policy.
Future trends to watch include:
- Potential policy shifts influencing tax rates and exemptions
- Technological advancements reducing energy consumption
- Economic factors affecting energy demand
- Impact of global energy market volatility
