Use carbon revenues to plug Brexit funding hole, says EU budget chief

Published 18:01 on March 2, 2017  /  Last updated at 21:36 on January 30, 2020  /  EMEA, EU ETS  /  No Comments

The EU’s budget chief has suggested that some of the higher government revenues generated from an increase in European carbon prices should be used to help cover a budgetary hole left by Britain’s upcoming exit from the bloc.

The EU’s budget chief has suggested that some of the higher government revenues generated from an increase in European carbon prices should be used to help cover a budgetary hole left by Britain’s upcoming exit from the bloc.

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