European environmentally related tax revenue from pollution taxes in the electricity, gas, steam, and air conditioning supply sectors presents significant variations by country. Spain leads with a substantial revenue of 920.82 million USD, reflecting a 6.14% year-on-year increase. Growth also occurred in the Netherlands and Czech Republic, with increases of 6.88% and 5.44% respectively. In contrast, Lithuania and Slovakia experienced sharp declines of 42.43% and 17.46%, respectively. Italy and Hungary saw a downturn, with negative growth rates of 10.85% and 11.19%. The United Kingdom and Estonia also recorded slight decreases.
Future trends indicate a focus on sustainable energy initiatives and stricter pollution regulations. Countries with reduced revenues may adjust their tax policies, potentially boosting revenues through enhanced regulatory frameworks. Environmental taxes might increasingly shape fiscal strategies, reflecting broader European commitments to carbon neutrality and green energy transitions.
Top countries in Environmentally Related Tax Revenue from Taxes on Pollution in Electricity, Gas, Steam and Air Conditioning Supply by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 920.82 | 2023 | +4.55% | +6.14% | View data |
| 2 | 2 United Kingdom | 48.37 | 2023 | +0.25% | -1.19% | View data |
| 3 | 3 Estonia | 26.35 | 2023 | +11.92% | -3.75% | View data |
| 4 | 4 Netherlands | 26.35 | 2023 | +5.64% | +6.88% | View data |
| 5 | 5 Serbia | 18.31 | 2023 | +1.79% | -0.39% | View data |
| 6 | 6 Poland | 16.62 | 2023 | -0.24% | +0.057% | View data |
| 7 | 7 Italy | 11.22 | 2023 | -8.74% | -10.85% | View data |
| 8 | 8 Czech Republic | 9.9 | 2023 | -0.26% | +5.44% | View data |
| 9 | 9 Latvia | 8.49 | 2023 | +9.59% | +1.41% | View data |
| 10 | 10 Austria | 4.72 | 2023 | +1.62% | -2.44% | View data |