Lawmakers ban fossil gas from EU energy infrastructure funding, with some exceptions

Lawmakers in the European Parliament voted on Tuesday (28 September) to remove support for fossil gas in EU funding rules for cross-border energy infrastructure known as the TEN-E regulation.

The TEN-E regulation creates a framework for the European Union to finance cross-border energy infrastructure. It decides which projects qualify for Europe’s list of projects of common interest, which opens the door to faster permitting and a €5.8 billion pot of money exempt from EU state aid rules.

Under a deal passed in the Parliament’s energy committee on Tuesday, natural gas infrastructure will no longer be eligible for EU funding under the revised regulation.

 

To continue reading click here