The environmentally related tax revenue from taxes on energy in the scientific research and development sector varies significantly among European countries. In 2023, the Netherlands led with $12.34 million, while Cyprus had the least with $0.029 million. Year-on-year variations highlight market fluctuations: strong positive change seen in Slovenia, while Austria and Lithuania faced steep declines. Over the past five years, trends suggest moderate growth, with exceptions in some countries like Austria and Lithuania, indicating a decline.
Future trends to watch for include:
- Emerging technologies for cleaner energy driving further tax reforms.
- Dynamic shifts towards renewable energy sources potentially affecting tax structures.
- Policy changes at the EU level focusing on green innovation could alter revenue streams.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Scientific Research and Development by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 12.34 | 2023 | +1.78% | +2.97% | View data |
| 2 | 2 Poland | 11.95 | 2023 | -1.31% | -6.37% | View data |
| 3 | 3 Belgium | 7.44 | 2023 | -1.18% | -1.08% | View data |
| 4 | 4 Romania | 6.68 | 2023 | +1.71% | +0.56% | View data |
| 5 | 5 Ireland | 4.74 | 2023 | +3.69% | +2.88% | View data |
| 6 | 6 Sweden | 4.43 | 2023 | -1.52% | +0.29% | View data |
| 7 | 7 Norway | 3.51 | 2023 | +1.86% | -3.73% | View data |
| 8 | 8 Portugal | 3.27 | 2023 | +2.1% | +0.26% | View data |
| 9 | 9 Greece | 2.69 | 2023 | +2.69% | +3.52% | View data |
| 10 | 10 Denmark | 2.35 | 2023 | -3.75% | -6.97% | View data |
