EU nations seek to dilute ETS climate spending provisions -leaked draft

Published 19:32 on April 29, 2022  /  Last updated at 19:33 on April 29, 2022  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

EU member states want more flexibility over how they spend their carbon market auction revenue, according to a leaked draft document that suggests governments are pushing back on a proposal to earmark all EUA auction proceeds for climate purposes.

EU member states want more flexibility over how they spend their carbon market auction revenue, according to a leaked draft document that suggests governments are pushing back on a proposal to earmark all EUA auction proceeds for climate purposes.

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