Germany's Fuel Prices to Surge to €2 by 2026, ADAC Warns
Fuel prices in Germany are set to rise significantly in the coming years, with the 2-euro mark for fuel prices expected to become a reality. This is due to an increase in CO2 pricing and predictions of more expensive fuel prices by 2026.
Starting January 1, 2026, the CO2 pricing will increase from 55 euros to a maximum of 65 euros per tonne of CO2. If the maximum price is reached, gasoline will be 18.6 cents and diesel 20.5 cents more expensive per liter. Currently, fuel prices are around 1.65 euros per liter after a recent decrease of 10 cents from February 2023 levels.
The ADAC predicts substantial price increases at the pump starting in 2027, with the CO2 price expected to double, adding another 19 cents to the price of fuel. Historically, fuel prices tend to rise at the start of the year. Experts warn of these rising fuel prices despite the recent decrease.
Oil companies and gas station operators are contributing to the increase in diesel and gasoline prices, with diesel prices following the same trend as gasoline prices.
The increasing CO2 pricing and predicted fuel price hikes highlight the need for more sustainable transportation options. Electric cars, which produce about 2.7 times less CO2 emissions per 100 kilometers compared to gasoline and diesel vehicles, become climate-friendly after about 25,000 to 45,000 kilometers. As electricity becomes greener and batteries last longer, electric cars are an increasingly attractive alternative to traditional fuel-powered vehicles.
Read also:
- Potential Consequences of Dismantling FEMA Vary Across States
- Railway line in Bavaria threatened by unstable slope - extensive construction site at risk
- Wind Farm Controversy on the Boundary of Laois and Kilkenny
- Puerto Rico's Climate Lawfare Campaign experiences another setback with the dismissal of its deals.
