Since the beginning of the year, the prices of petroleum products have increased by 31% in Luxembourg which has seen the steepest rise in Europe. The UCL called the current situation “unsustainable” in a press release on 15 November while it also expressed its regret that the government plans on increasing the CO2 tax from 1 January 2022.
A big portion of those who work in Luxembourg use their cars to get to work and in their free time, which the UCL sees as a reason for the government to freeze the CO2 tax on petrol for now. The union also points out that the consumer price index has risen by 3.62%, recording the highest rate of increase since 2011.
The Automobile Club of Luxembourg recently took note of the rise in fuel prices as well. It called for a lower CO2 tax and for subsidies to be put in place in order to mitigate the increased costs. For the ACL a rise in fuel prices would only increase inequalities between citizens.