The European Commission has announced its approval of a Danish State aid greenhouse gas tax reduction scheme for companies at risk of carbon leakage. The scheme provides a reduced tax rate for eligible companies that will be set at 33% of the standard rate. --- Commission approves €724 million Danish State aid greenhouse gas tax reduction scheme for companies at risk of carbon leakage The European Commission has approved, under EU State aid rules, a €724 million (DKK 5.4 billion) Danish scheme to lower the rate of a new greenhouse gas (GHG) emissions tax for certain companies. The measure aims...