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Climate commissioner highlights electricity consumption for green taxation

By Poppy Bullock ( December 16, 2010, 16:04 GMT | Insight) -- Connie Hedegaard, the EU climate commissioner, has highlighted electricity consumption as a target area for the development of a greener taxation regime, suggesting that a small source of money based on electricity use could be fed into the EU budget. The head of the commission’s taxation department also said a revision of Europe’s energy taxation law will include a ‘two-tier system,’ to incorporate an element on CO2 emissions into its calculations. Connie Hedegaard, the EU climate commissioner, has highlighted electricity consumption as a target area for the development of a greener taxation regime, suggesting that a small source of money based on electricity use could be fed into the EU budget....

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