The European Parliament on Tuesday voted to allow some gas projects to get support from the European Union's flagship green transition fund, teeing up tough talks with the EU Commission and national goverments, which have already agreed to exclude the fuel.
FILE PHOTO: Members of the European Parliament wait for the start of a plenary session as the coronavirus disease outbreak continues, in Brussels, Belgium September 16, 2020. REUTERS/Yves Herman/File Photo
The EU wants to launch a multi-billion-euro Just Transition Fund, using cash from the bloc’s coronavirus recovery fund and budget, to help fossil fuel dependent regions shift to cleaner industries. But rules to decide who gets the money need to be finalised by the European Parliament, Commission and national goverments.
Its stance is at odds with that of the Commission and national governments, who must approval the final rules for the Fund, and have already said it should be off limits to all fossil fuels.
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