EU legislators reach provisional deal on REPowerEU package

Published 06:24 on December 14, 2022  /  Last updated at 12:59 on December 15, 2022  /  EMEA, EU ETS  /  No Comments

EU legislators reached a provisional deal early Wednesday on the REPowerEU package to accelerate the bloc's exit from Russian fossil fuels, agreeing on a €20 billion tranche of new funding financed from ETS auctions that will come from a mix of three different sources.

EU legislators reached a provisional deal early Wednesday on the REPowerEU package to accelerate the bloc’s exit from Russian fossil fuels, agreeing on a €20 billion tranche of new funding financed from ETS auctions that will come from a mix of three different sources.

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.