EU sets out rules to enable more state aid for green sectors, limit fossil fuel support

Published 18:53 on December 21, 2021  /  Last updated at 18:53 on December 21, 2021  /  EMEA, EU ETS, International  /  No Comments

The European Commission unveiled new state aid rules on Tuesday that allow member states more flexibility on directing their funds towards low carbon industries while limiting fossil fuel support, in an effort to spur the green transition while protecting fair competition in the bloc’s single market.

The European Commission unveiled new state aid rules on Tuesday that allow member states more flexibility on directing their funds towards low carbon industries while limiting fossil fuel support, in an effort to spur the green transition while protecting fair competition in the bloc’s single market.

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