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Natural gas squeezed out of EU energy-transition fund, but still has options

By Giulia Bedini ( December 10, 2020, 15:50 GMT | Insight) -- Gas projects won’t be able to claim EU money from an energy-transition fund proposed by the European Commission earlier this year to support economies dependent on fossil fuels, according to a political deal reached by EU lawmakers and national governments. Natural gas will still be able to get EU financial support from the much larger European regional development and cohesion funds, under certain conditions. Gas projects won’t be able to claim EU money from an energy-transition fund proposed by the European Commission earlier this year to support economies dependent on fossil fuels, according to a political deal reached by EU lawmakers and national governments late yesterday....

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