Revenues from pollutants should be used to reduce electricity prices

 

30 May 2023, AKEL C.C. Press Office, Nicosia

Cypriots paid with their electricity bills, €570 million in fines for pollutants while the state itself collected €285 million from the auctioning of pollutants. This is noted in a report released by the Audit Office. In other words, society and the Cyprus economy are paying twice and three times for the ten-year failure of the DISY government’s policies on energy matters. In fact, the Audit Office points out the increasing trend in pollutant emissions. In other words, this is a colossal failure – environmental, social and economic – at the expense of the whole country.

The current government has inherited this situation and will be judged on whether it chooses to continue with the same energy policy.

AKEL reiterates that the state’s revenues from pollutants must be allocated to environmental infrastructures and policies, but also to contain electricity costs for the benefit of consumers. A permanent and drastic reduction in the price of electricity is imperative for both society and the country’s economy.