In 2021, the EU adopted “Fit for 55”, which is about the Union reducing its emissions by 55 percent until 2030.
As part of this, the EU will overhaul its system for trading emissions rights in 2027. The new ETS 2 emission rights will have a common pricing across the EU, and will apply to road transport, buildings and small industries.
When the new system takes effect, it will have a dramatic impact on the price of gasoline.
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The market must control the price of petrol
With the new system, the petrol price will depend on the demand for emission rights on the open market, but opinions differ as to how big the difference will be.
– The system with emission rights means that the market will set the price, but they say that it should be a soft start for a few years. But it will in all probability be more expensive, said Caroline DrabeCEO of M Sweden, to Nyheter24 in March.
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SEK 35 per litre
According to the Swedish Environmental Protection Agency, it will be an increase of around one kroner per liter between 2026 and 2029, which is a relatively mild increase. However, other experts believe that the price of petrol will increase significantly more than that.
The company car expert Ronny Svensson believe that the price of petrol in Sweden may increase to between 30 and 35 kroner per liter after the next parliamentary election. He says so in an interview with Alrik Söderlind on Youtube.
According to Peder Blohm Bokenheimspokesperson for the organization Bränsleuproret, the price of petrol can be even higher than that.
– We have had meetings with representatives in the fuel industry who believe that the price can increase to up to SEK 40 per litre, he says to Carup.
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Will increase demand for electric cars
According to Ronny Svensson, there will not be much that politicians can do to influence the high fuel prices after ETS 2 has been introduced.
This in turn will have a dramatic impact on used petrol and diesel car prices.
Today, the used market is strong for petrol and diesel cars, while prices have fallen sharply for used electric cars.
If the price of petrol increases to over SEK 30, Ronny Svensson believes that the prices of petrol and diesel cars will decrease sharply, while the demand for electric cars will increase.
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