Fit for 55: Tax breaks, border tariffs, and Guarantees of Origin in the EU
Details of the Commission's comprehensive climate legislation package are now public. Relevant highlights include the inclusion of shipping into the EU ETS, a new tier system for fuel taxation and a carbon border adjustment mechanism. Also this week, Hydrogen Europe calls for an overhaul of the existing Guarantee of Origin (GO) system to address current shortcomings in clean hydrogen certification.