EU lawmakers back REPowerEU compromise in interim vote

Published 18:21 on October 3, 2022  /  Last updated at 01:25 on October 4, 2022  /  EMEA, EU ETS  /  No Comments

Key European lawmakers in an interim vote late on Monday stuck to a compromise that would part-finance the REPowerEU strategy with €20 billion worth of carbon allowance sales solely sourced from frontloaded member state auctions over three years.

Key European lawmakers in an interim vote late on Monday stuck to a compromise that would part-finance the REPowerEU strategy with €20 billion worth of carbon allowance sales solely sourced from frontloaded member state auctions over three years.

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.