EU funding programmes face significant cuts or Member States will have to increase their contributions to the EU to make up the shortfall, it has been warned. The warning comes from José Manuel Fernandes MEP. He said, “It is equally important that adequate money is generated from the new own resources. If sufficient, these new revenues…
Tag: #ETS
EU Proposes New Sources of Revenue
The Commission has proposed to establish the next generation of own resources for the EU budget by putting forward three new sources of revenue: the first based on revenues from emissions trading (ETS), the second drawing on the resources generated by the proposed EU carbon border adjustment mechanism, and the third based on the share…
Reducing Emissions from International Shipping
The European Parliament’s Environment Committee has just voted on measures to reduce greenhouse gases in international shipping. The decision to “amend the Regulation on monitoring, reporting and verifying carbon dioxide emissions from shipping”, also known as the “MRV Regulation”, will in future oblige large ships not only to report detailed data on their CO2 and…