EU plans early carbon market auctions from July

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening.

The EU plans to raise 20 billion euros in grants from its carbon market, with 8 billion euros of that coming from carbon permit sales held earlier than planned.

The remainder of the 20 billion euros would be raised from a carbon market fund designed to support innovative green technologies, but this cannot start until the EU tweaks its law on carbon market auctions to confirm the new volumes.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

'Sell into rallies': Morgan Stanley names the stocks to navigate current European banking jittersMorgan Stanley strategists recommend 10 defensive stocks to own right now while selling European bank stocks 'into any material rally'. They probably forgot to add MorganStanley to the Sell list. Fully loathed with speculative assets Clown network
La source: CNBC - 🏆 12. / 72 Lire la suite »

European stocks rebound as banking jitters easeEuropean stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S. mid-sized lenders.
La source: Reuters - 🏆 2. / 97 Lire la suite »

European DeFi startups saw 120% increase in VC investment in 2022: DataEuropean crypto startups providing financial services saw more than half of all VC investment (52%), followed by infrastructure and Web3 startups. 🇳🇱 Venture capital investments in European crypto startups hit an all-time high of $5.7 billion in 2022, despite the market's turbulence. Find out more in the latest study by RockawayX.
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »