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Germany: EUR 27.5 billion in compensation for offsetting the indirect costs of CO2 emissions of energy-intensive companies until 2030

Description

On 19 August 2022, the European Commission approved a EUR 27.5 billion (approx. USD 27.6 billion) German compensation scheme in favour of energy-intensive companies. In particular, the scheme provides...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Aug 2022

Revocation date

01 Jul 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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