Subsides worth between EUR 270 to 290 billion a year are estimated to go into European transport, according to a preliminary report released by the European Environment Agency today. From this figure, road transport receives EUR 125 billion annually, rail EUR 73 billion, aviation EUR 27–35 billion and water-borne transport EUR 14–30 billion.
The report, 'Size, structure and distribution of transport subsidies in Europe' is a first attempt by the EEA to quantify these subsidies, and is intended to feed the
discussion on the actual subsidy level within the sector.
Our natural environment is a key component of our health and wealth. However, our recent assessments show that the majority of habitats and species in Europe have an unfavourable conservation status ...