The analysis of European environmentally related tax revenue from taxes on energy in scientific research and development reveals diverse trends across countries. In 2023, Italy led with $55.95 million, followed by France and the UK at $29.89 million and $5.79 million, respectively. Significant fluctuations include a 3.36% increase in the Netherlands and a sharp decline of 18.94% in Austria. Slovenia saw notable growth at 7.55%, whereas Croatia and Malta experienced declines of over 7%. Serbia recorded a modest growth of 4.34%, while Poland and Slovakia faced declines nearing 7%.
Going forward, key trends to monitor include potential policy shifts enhancing green energy investments, impacting revenue distribution in scientific R&D. Countries with rising environmental agendas, like Italy and Slovenia, may continue to increase revenue, while nations facing economic challenges might see further declines. The impact of new EU regulations on carbon emissions and renewable energy targets will also be crucial for future revenue dynamics.
Top countries in Environmentally Related Tax Revenue from Taxes on Energy in Scientific Research and Development Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.95 | 2023 | +2% | +1.09% | View data |
| 2 | 2 France | 29.89 | 2023 | +2.79% | -0.084% | View data |
| 3 | 3 United Kingdom | 5.79 | 2023 | -0.18% | -0.55% | View data |
| 4 | 4 Netherlands | 2.24 | 2023 | +2.09% | +3.36% | View data |
| 5 | 5 Poland | 1.05 | 2023 | -1.41% | -6.93% | View data |
| 6 | 6 Sweden | 0.76 | 2023 | -3.36% | -2.12% | View data |
| 7 | 7 Norway | 0.75 | 2023 | +0.81% | -5.81% | View data |
| 8 | 8 Romania | 0.58 | 2023 | +2.28% | +0.83% | View data |
| 9 | 9 Finland | 0.48 | 2023 | -1.44% | -1.84% | View data |
| 10 | 10 Portugal | 0.38 | 2023 | +0.14% | -1.8% | View data |
