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

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  / Rebecca Gualandi /  EMEA, EU ETS

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.


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.