Chamber of Commerce: Austria's Transport Strategy Will Massively Increase Fuel Price
6 Articles
6 Articles
According to a study by the Research Institute Economica, the planned Renewable Energy Act could increase fuel prices by up to 95 cents per litre by 2035. The Chamber of Commerce warns against a "national special route".
The planned law EEG-V will exceed EU targets. According to the study, fuels would be 40 to 50 percent more expensive by 2035.
Weeks ago, the Chamber of Commerce warned against the implementation of the Renewable Energy Act on Transport, EEG-V in short. Now, a study by Economica is being presented, which should further support the claims: by 2035, the litre of diesel could become more expensive by 95 cents, the litre of petrol by up to 86 cents.
VIENNA. A study commissioned by the WKÖ warns: The planned EEG-V could cost diesel by up to 95 cents per litre by 2035. The Chamber of Commerce demands changes.
The Chamber of Commerce warns against massive increases in fuelling and economic losses caused by the planned renewable-energy-law-transport (EEG-V) and has now substantiated its concerns by a study by the Research Institute Economica. Accordingly, the law would cost up to 95 cents by 2035 by over-fulfilling EU requirements ("gold plating"). WKÖ Secretary General Jochen Danninger rejects a "national special route".
New Economica study shows significant additional burdens due to Austrian special route to climate neutrality 2040 – WKÖ calls for the abandonment of national gold plating "High energy and fuel prices are burdening our businesses and the population. We struggle for every cent at the fuel price brake. Especially now the politicians must not create new cost drivers that also fuel inflation further. 95 cents more for [...] The article WKÖ-Danninger:…
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