Swedes, especially motorists, are facing significant and avoidable price increases thanks to new rules on emissions.
A revised ETS2 emissions standard for petrol and diesel is scheduled for a January 1st, 2027 deadline. The National Institute of Economic Research calculates that current petrol/gasoline prices (approximately 15.50 SEK (€1.41) per litre will rise to 20.24 SEK (€1.85), Diesel will be subject to similar changes.
These projected inflation figures are independent of any changes in the global market; they would happen when the government reduced emissions allowances for drivers.
Heating oil for homes has the same ‘emission rights’ as petrol and diesel, meaning additional pressure on households in the months of winter. Uddevalla municipal councillor Henrik Sundström called out the decision on X, posting:
When people understand the meaning of the next step in EU’s economic suicide, the emissions trading system ETS2, we will see real political consequences.
Currently, the European Union allocates subsidies from a social fund paid for out of ‘emission rights’ trading which, in Sweden, will then subsidise residents in 177 smaller municipalities to buy new and used electric cars—worth just 1,500 SEK (€137) a month for three years.
