EU ETS revenue used to support gas boiler retrofitting, study finds

Published 11:22 on June 16, 2022  /  Last updated at 11:22 on June 16, 2022  /  EMEA, EU ETS  /  No Comments

Revenue from auctioning EU ETS allowances should be earmarked for climate action after countries within the bloc were found using some of the cash to support fossil fuels, and in particular new gas boilers through building retrofitting, according to a study published this week.

Revenue from auctioning EU ETS allowances should be earmarked for climate action after countries within the bloc were found using some of the cash to support fossil fuels, and in particular new gas boilers through building retrofitting, according to a study published this week.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.