European fuel tax cuts increase Russian oil profits

Johan Gars, Daniel Spiro and Henrik Wachtmeister ()
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Johan Gars: The Royal Swedish Academy of Sciences
Henrik Wachtmeister: Uppsala University

Nature Energy, 2022, vol. 7, issue 10, 912-913

Abstract: European fuel tax cuts will lead to significant income transfers to Russia, thus undermining the Union’s sanction efforts against the country. EU politicians should instead consider alternative policies, such as direct income transfers to households, if they want to shield citizens from increased fuel prices without benefiting Russia.

Date: 2022
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DOI: 10.1038/s41560-022-01125-3

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