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Proposals for New EU Revenue Streams Based on a Carbon Border Adjustment Mechanism, a Digital Levy, and the EU Emissions Trading System

10 June 2021

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Proposed Changes

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European Union

The European Parliament has issued a release announcing that proposal for three new income streams will be tabled based on a carbon border adjustment mechanism, a digital levy, and the EU Emissions Trading System. --- The EU needs new sources of revenue, MEPs stress New streams of EU revenue to be proposed in July should bring fairer taxation and help repay the debt incurred to finance the EU recovery plan, MEPs said on Tuesday. In a debate in plenary, Commissioner Johannes Hahn confirmed that the Commission will table proposals for three new EU income streams based on a carbon border...