REPowerEU funding through ETS: a Pandora • Table.Briefings

Europe’s energy independence is also supposed to be financed by selling CO2 certificates from the reserve. Although this is only a small part of the REPowerEU investment, it is causing the most criticism because it could set a precedent.

In recent months, discussions about the European Emissions Trading Scheme (ETS) reform have often focused on planning security for companies and preventing price shocks for consumers and industry. Price spikes like the one last fall had fueled suspicions of external market manipulation and lent weight to calls for more control of the market (Europe.Table reported). It was hoped that a stable carbon market would make it easier for ETS sectors and other market participants to comply with the new rules.

REPowerEU funding through ETS: a Pandora’s box

Sign up now and continue reading immediately