The EPP, S&D, Renew Europe and Greens/EFA groups in the European Parliament reached a compromise on the European Commission’s proposal to use revenues from the EU Emissions Trading System (ETS) to part-finance the plan aimed at moving the EU away from dependence on Russian fossil fuels by 2027 (‘REPowerEU’), announced Peter Liese (EPP, German), the European Parliament's rapporteur on the dossier, on Tuesday 27 September.
The European Commission had in fact proposed a targeted...