Coal can get continued financing under 2030 deal

The agreement on post-2020 climate targets contains a number of provisions which open the door to continued subsidies to coal in Central and Eastern European countries

The agreement on post-2020 climate targets contains a number of provisions which open the door to continued subsidies to coal in Central and Eastern European (CEE) countries.

A new fund financed by 2% of EU emission trading scheme (ETS) allowances will be set up to modernise the energy systems of lower income member states, mostly CEE countries, and to improve energy efficiency.

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