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European Commission builds on “Fit for 55” energy and climate package with new measures

|Tax Alerts, Legislation & Policy, Na ...|European Union
European Union

Executive summary

In December 2021, the European Commission (the Commission) released a series of legislative proposals as a continuation to the “Fit for 55” package announced in July 2021. The proposals aim to pave the way towards renewable and low carbon fuels and create a market for hydrogen. The package also contains provisions related to methane emissions, providing for obligatory tracking an…

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