Another attack from Brussels on overhead cuts

Today, the European Parliament adopted its Environment Action Program to 2030. In its motion, the EP calls on all Member States to abolish all subsidies for fossil fuels by 2025 at the latest. According to MEP Edina Tóth, the introduction of this measure would have an extremely detrimental effect on Hungarian consumers, as it endangers the Hungarian overhead reduction.

The debate on EU environmental measures in the European Parliament has entered a new phase. The left-wing majority of the EP – together with MEPs of the Hungarian left – has again attacked the Hungarian overhead reduction. The motion calls for all EU Member States to phase out fossil fuel subsidies by 2025. The introduction of such a measure would be extremely detrimental to the Hungarian people, as it would endanger domestic overhead reduction measures. It also overrides the European Council’s 2020 conclusion recognizing the role of natural gas as an energy source in the transition to fossil fuels.

According to MEP Edina Tóth, the Hungarian energy supply system passed the coronavirus epidemic excellently, and household energy prices are among the lowest in Europe. However, household consumption has increased significantly, so support for natural gas-based investments should be maintained until 2030. “The EP’s left-liberal proposal to phase out subsidies in medium term is unacceptable as it would take an important tool out of the hands of Member States to curb soaring prices. For Fidesz delegation in the EP , the affordable and secure energy supply of the Hungarian people is a priority,” emphasized MEP Tóth.