Brussels to stop REPowerEU carbon auctions once €20 bln target is hit, officials confirm

Published 11:59 on January 19, 2026 / Last updated at 11:59 on January 19, 2026 / , and / EMEA (Compliance Markets & Taxes, Europe)

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The EU will stop auctioning carbon allowances to fund the bloc's plan to exit Russian fossil fuels as soon as the €20 billion target is hit, officials have confirmed, which could mean 40 million fewer allowances are auctioned in 2026, assuming EUA prices remain at their current levels.
The EU will stop auctioning carbon allowances to fund the bloc's plan to exit Russian fossil fuels as soon as the €20 billion target is hit, officials have confirmed, which could mean 40 million fewer allowances are auctioned in 2026, assuming EUA prices remain at their current levels.


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