European Commission President Ursula von der Leyen announced the forthcoming launch of a €30 billion industry decarbonisation “investment booster” at an EU summit in the early hours of Friday morning, which will draw on 400 million allowances from "existing reserves" in the bloc's Emissions Trading System (ETS).
EU’s new ETS-backed ‘investment booster’ to focus on lower-income countries, draw from “existing reserves”
abatify · sourced from Carbon Pulse
This article is best read at the source.
While you’re here — here’s what you can do.