Forecast: Tax Expenditure on Coal for General Services in Germany

In 2023, tax expenditure on coal for general services in Germany stood at 13.9 million USD (Constant 2020). The forecast indicates a gradual decline from 2024 through 2028, with a slight reduction of approximately 0.71% year-on-year from 2023 to 2024, and similar annual reductions for subsequent years. Over the five-year forecast period, the compound annual growth rate suggests a steady decrease.

Future trends to watch for include:

  • Germany's commitment to reducing fossil fuel dependency may accelerate the decline in tax expenditure on coal.
  • Potential policy changes aimed at promoting renewable energy sources could further impact these expenditures.
  • Monitoring economic and geopolitical factors that might influence energy policies will be crucial.

Top Countries about Coal