Draft rules on ETS funds for CCS and renewables

The European Commission is consulting on draft rules for allocating funds from the EU's emissions trading scheme (ETS) to carbon capture and storage (CCS) and renewable energy projects. Member states will vote on the rules in February.

The commission wants to have the final say on which projects receive ETS funding, according to a draft decision sent to member states last week. This is already the case for projects receiving funds from the European economic recovery package.

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