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Danish CO2 tax revenue to fund green grants

Danish companies are to receive DKr144m (€19m) in government subsidies over the next four years for environmental improvements, the environment ministry announced on Monday. The grants are to be funded from national CO2 tax revenues. They were approved in last year's budget but were delayed pending agreement on "framework conditions", a spokesperson told ENDS Europe DAILY. Qualifying projects would include implementation of EU regulations and government strategies, R&D on alternative technologies, and industrial and/or consumer safety initiatives, the ministry said in a statement. See press release.

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