The European Commission plans to create a so-called “climate action social fund” if it moves to introduce carbon pricing on road transportation fuels and buildings, in order to protect the most vulnerable households against rising fuel and heating bills, Frans Timmermans, Executive Vice-President for the European Green Deal, said.
“We must protect vulnerable households against potential price increases for heating and transport fuels, especially in regions where clean options aren’t readily available,” Timmermans said…EU To Create Social Fund To Help Households Through Energy Transition
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