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EU fossil fuel subsidies remain high amid transparency issues
The latest Study on energy subsidies and other government interventions in the European Union (2024) has recently been published. The report covers energy subsidies in the broad sense, including fossil and renewable, in various forms. The Stop Fossil Subsidies campaign notes a marginal improvement in the amount of fossil fuel subsidies (FFS) disbursed in the EU. Despite pledges committing to more transparency by Commissioner Hoekstra, serious transparency issues remain. Fossil fuel subsidies at €111 billion in 2023 According to the report, FFS more than doubled in 2022, reaching €136 billion, up from an average of €59 billion between 2015 and 2020,