Danish Fuel Prices May Drop by 2 Kroner per Liter from December

Driving in Denmark could become cheaper starting December 1. The Danish government wants to lower fuel taxes one month earlier than planned. Petrol and diesel prices would drop by 2 Danish kroner per liter, including VAT. A 50-liter tank of fuel could cost 100 Danish kroner less. This discount depends on fuel stations passing on the full tax cut to drivers.

The government previously agreed with the Danish People’s Party on the tax cut. That plan covered the entire year of 2027. Taxation and Growth Minister Jakob Engel-Schmidt wants to add December as a Christmas gift. The extra month will cost the state about 250 million Danish kroner. The tax cut will still end after 2027.

To start in December, the government needs fast-track support in parliament. Fast-tracking requires votes from three-quarters of the Folketing. Engel-Schmidt has asked several opposition parties to support the early fuel cut. The measure can be voted on separately from the wider tax agreement. The tax reduction is expected to increase carbon dioxide emissions by 1.5 million tonnes. Source: CPH Post.