IEA flags need for additional €100 bln for EU to cover Russian fossil fuel gap

Published 16:26 on December 12, 2022  /  Last updated at 16:26 on December 12, 2022  /  EMEA, EU ETS  /  No Comments

Another €100 billion in public funds will be needed by the EU to address a gas supply gap next winter, the IEA said on Monday in a report presented alongside European Commission President Ursula Von der Leyen that further raises the potential for a fresh raid on EU ETS revenues.

Another €100 billion in public funds will be needed by the EU to address a gas supply gap next winter, the IEA said on Monday in a report presented alongside European Commission President Ursula Von der Leyen that further raises the potential for a fresh raid on EU ETS revenues.

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