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29th Mar 2024

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Negotiators reach deal on EU emissions trading system

MEPs and representatives of national governments have reached a deal on a reform of the EU's emissions trading system, MEPs involved said on Twitter. They said the deal was reached just before 4AM. Details of the deal are expected later on Thursday. Left-wing MEP Katerina Konecna tweeted that "nobody can be fully satisfied by it", while centre-right MEP Julie Girling called it "good news" for the Bonn climate conference.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

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Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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