EU to pay Estonia millions to phase out oil shale, approves €1 bln Slovakian aid for industrial decarbonisation

Published 16:26 on October 10, 2022  /  Last updated at 16:26 on October 10, 2022  /  EMEA, EU ETS  /  No Comments

The EU will pay Estonia €354 million in grants to support the phaseout of oil shale in energy production that accounts for over 50% of the country's total greenhouse gas emissions, and also approved €1.1 billion in Slovakian measures to help ETS-exposed industry to decarbonise.

The EU will pay Estonia €354 million in grants to support the phaseout of oil shale in energy production that accounts for over 50% of the country’s total greenhouse gas emissions, and also approved €1.1 billion in Slovakian measures to help ETS-exposed industry to decarbonise.

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