EU nations seek to raise 75% of €20 bln-worth REPowerEU from Innovation Fund, torpedo MSR sale idea

Published 11:23 on October 4, 2022  /  Last updated at 11:53 on October 4, 2022  / /  Carbon Taxes, CBAM, EMEA, EU ETS

EU finance ministers on Tuesday endorsed a unified stance to partly finance the REPowerEU strategy by sourcing the greatest chunk of the €20 billion from the Innovation Fund and the remaining portion from frontloaded member state auctions, in turn finally discarding the idea of MSR-held sales.
EU finance ministers on Tuesday endorsed a unified stance to partly finance the REPowerEU strategy by sourcing the greatest chunk of the €20 billion from the Innovation Fund and the remaining portion from frontloaded member state auctions, in turn finally discarding the idea of MSR-held sales.


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.