Brussels Opens Door to Using Carbon Market Revenue to Support Farmers

The European Commission has proposed allowing member states to use revenues from the Emissions Trading System (ETS) to support farmers in adopting greener fertilisers. This initiative aims to reduce agricultural emissions by incentivizing the use of low-carbon fertilizers, funded by carbon market proceeds. The proposal is part of broader EU efforts to align agricultural practices with climate goals, potentially easing financial burdens on farmers while promoting environmental sustainability. The move could also help the EU meet its net-zero emissions targets by 2050, though details on implementation and oversight remain to be finalized.

First published Aug 4, 01:58 PM UTCUpdated Jul 17, 12:55 PM UTC1 reports · 1 sources

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Opened from WirecurrentJul 17, 12:55 PM UTC

Brussels Opens Door to Using Carbon Market Revenue to Support Farmers

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Brussels Opens Door to Using Carbon Market Revenue to Support FarmersEuractivWesternJul 17, 12:55 PM UTC

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