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Event Brief

EU plans to use carbon tax revenues for farm subsidies

The EU is considering using carbon market revenues to fund farm subsidies amid a fertiliser crisis, a leaked document shows.
WHO: Euronews
WHAT: EU consideration of turning carbon tax revenues into farm subsidies
WHEN: May 13, 2026 at 7:25 AM ET
WHERE: Brussels, Belgium
WHY: Trigger-based: the plan is a response to soaring energy and fertiliser prices during the fertiliser crisis.

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