Know what you want? Try our 'Supplier Directory' 

HFC tax could cost Euro1.2bn

EUROPE: A proposed tax on the sale of HFCs in Europe could cost companies and consumers up to €1.2bn per year, according to refrigerant producers.
HFC tax could cost Euro1.2bn
Following the recent proposals by the European Parliament's environment committee for a CO2 equivalent tax of up to €10/tonne, the European Fluorocarbon Technical Committee (EFCTC) warned of the negative impact that this would have on industry already struggling in a depressed market.

'With the EU struggling to recover from the economic crisis, it is unbelievable that the European Parliament have introduced a new unilateral EU tax on EU business
and consumers,' said EFCTC spokesman Nick Campbell.

'It can be estimated that this tax could cost EU companies and consumers up to €1.2bn per year. This will clearly have a negative impact on companies, especially SMEs that make up the majority of refrigeration and air conditioning users as well as users of their products. Furthermore, after the HFCs are sold, they are used for many years in enclosed systems and can be recovered, so such a tax on sales has no direct environmental benefit.'

He further noted that 'such a tax is totally unnecessary as the phase down process
will have the desired environmental impact of reducing HFC use and emissions in the EU.'

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...


High temperature CO2 heat pump increases hot water efficiency

Mitsubishi Electric has announced the launch of a new commercial heating system running on CO2 (R744) to deliver hot water up to 90°C and help businesses increase the efficiency of hot water production whilst significantly reducing their carbon ...


Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News


14th IIR-Gustav Lorentzen Conference on Natural Refrigerants
FETA Annual Lunch
16th IIR Conference on Cryogenics