Thursday, December 20, 2018

EU Reaches Coal Subsidy Phase-Out Deal – with Caveat for Poland

In late-night talks, negotiators agreed to end backdoor subsidies to coal generators, with some leeway for the most coal-dependent member state.


Belchatow coal plant / The EU is cracking down on a backdoor subsidy to coal power (Picture Credit: Flickr/ Kamil Porembiński) Click to Enlarge.
European Union legislators reached agreement in the early hours of Wednesday (19 December) over a proposed reform of electricity market rules that includes a 2025 cut-off date for coal subsidies, and a special clause for Poland.

After marathon talks that started at 10:30 on Tuesday, EU negotiators finally reached agreement on the reform of Europe’s electricity market shortly after 01:00 the following day.

The deal wraps up the adoption of a “clean energy package” of laws that was presented by the European Commission more than two years ago.

Read more at EU Reaches Coal Subsidy Phase-Out Deal – with Caveat for Poland

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