The EU Commission approves the extension of an aid scheme comprising measures notified by the Danish authorities in favor of companies with high energy consumption, and a high CO2 and energy tax burden

"Denmark – Commission approves grants to large energy consumers"* On 6 June 2001 the Commission decided not to raise any objections to the extension of a scheme comprising measures in favour of companies with high energy consumption, and therefore a high CO2 and energy tax burden. A brief description of the basic features of the Danish green tax scheme is necessary in order to place the notified extension of the scheme in its context. The core of the green tax package is the imposition of a CO2 tax on energy products and electricity. The tax rate is related to the carbon content of the energy product. In the case of electricity, the tax rate is related to the carbon content of coal, since most power stations in Denmark are coal-fired. When fuel is used for production processes the

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Madeleine Infeldt, The EU Commission approves the extension of an aid scheme comprising measures notified by the Danish authorities in favor of companies with high energy consumption, and a high CO2 and energy tax burden, 6 June 2001, e-Competitions Bulletin Energy & State aid, Art. N° 38966

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