Lawmakers want the EU’s future budget income to include ETS, CBAM

Published 13:43 on November 23, 2022  /  Last updated at 13:43 on November 23, 2022  /  CBAM, EMEA, EU ETS  /  No Comments

Members of the European Parliament voted on Wednesday to pave the way for the EU's central budget to be substantially fed by a new basket of revenue streams based on the ETS, the carbon border adjustment mechanism (CBAM), and a share of the reallocated profits of large multinational companies.

Members of the European Parliament voted on Wednesday to pave the way for the EU’s central budget to be substantially fed by a new basket of revenue streams based on the ETS, the carbon border adjustment mechanism (CBAM), and a share of the reallocated profits of large multinational companies.

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