Trade Trade

Some EU emission permits reserve to be used for Innovation Fund under recent deal, top lawmaker says

Some of the EU Emissions Trading System's permits held in reserve could be auctioned to raise 2 billion euros ($2.1 billion) to boost a green innovation-dedicated fund, top environment lawmaker Peter Liese has said.

"Until … the end of August 2026 the [European] Commission will auction additional allowances from the [Marke

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Stefano Porciello


Stefano is a MLex Correspondent based in Brussels covering energy and climate. Before joining MLex, he worked in communication for the Foundation for European Progressive Studies. He had previously worked as a freelancer in Italy and completed a traineeship at the European Parliament. Stefano holds a Master’s degree in International Relations and European Studies from the University of Florence.

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