European Commission wants to use money from the CO2 market

  • The European Commission (EC) has proposed that member states channel up to 30% of revenues from the sale of their allocated CO2 emissions allowances into the new EU budget for 2021-2027
  • PKKE states that Poland's share in the EU's CO2 emissions is about 9%, and in its contribution to the EU budget it is about 3%; Maciej Burny points out that the EC proposal is a much greater burden for Poland than for Member States with a smaller share in the EU emissions, compared to their contribution to the EU budget
  • Maciej Burny emphasises that the adoption of the EU budget requires unanimity of the member states, so in order for the revenues from the sale of CO2 emission allowances to become own revenues of the EU budget, Poland and all other countries would have to agree to it
  • The EC does not envisage supporting the transformation of countries and regions dependent on coal in the form of a dedicated fund; Maciej Burny, among others, points out that it is only a proposal at the moment and it cannot be ruled out that such a fund will eventually be created.