Forecast: Tax Expenditure on All Fossil Fuels for Electricity Generation in France

The forecast for tax expenditure on fossil fuels for electricity generation in France remains stable from 2024 to 2028, consistently at 0.001% of GDP each year. This stability over the five years indicates a stagnant fiscal approach towards fossil fuels in electricity production. As 2023 also recorded a similarly low tax expenditure value, there is no significant year-on-year variation or compound annual growth rate (CAGR).

Future trends to watch:

  • Potential shifts in energy policies towards renewable sources might decrease fossil fuel tax expenditures.
  • Technological advancements in energy efficiency could impact fiscal policies and spending.
  • Global commitments to carbon neutrality could drive legislative changes affecting future fossil fuel consumption.

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