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ENVI does not want to use MSR certificates for REPowerEU financing

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Published: September 27th, 2022,
Last updated: February 15th, 2023

Negotiators in the EU Parliament’s Environment Committee have reached an agreement on the use of CO2 allowances from the Market Stability Reserve to finance the REPowerEU program. Unlike the EU Commission, the Parliament could come out in favor of not using MSR allowances to finance the program intended to make Europe energy independent of Russia. Several rapporteurs responsible for the negotiations confirmed this on Monday.

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European policy REPowerEU ENVI CO2 price