Why eliminating fuel subsidies from fisheries is good for public finances, the marine environment and the climate

This report examines the wide-reaching reasons – which are overwhelmingly supported by science – to remove EU fuel subsidies. It is estimated that more than €1 billion of government revenue is foregone due to fuel tax concessions. This public money could be repurposed for better use. Fuel subsidies are a very inefficient means of supporting incomes, redirecting support – particularly if it supports the rebuilding of fish stocks – would result in improved socio-economic conditions for all fishers.