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EU needs to boost carbon price signals, align energy taxes with climate goals, IEA says

By Giulia Bedini ( June 25, 2020, 10:30 GMT | Insight) -- EU energy policies need to focus on the transport, industry and buildings sectors to achieve climate neutrality, the International Energy Agency has said in its latest report assessing the bloc’s regulatory plans. Carbon price signals should be strengthened in sectors both covered and not covered by the bloc's Emissions Trading System, the Paris-based agency said, calling for a “comprehensive tax reform” on energy products to create incentives to move away from fossil fuels. EU energy policies need to focus on the transport, industry and buildings sectors to achieve climate neutrality, the International Energy Agency has said in its latest report assessing the bloc’s regulatory plans. ...

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