The European Parliament Committee on Economic and Monetary Affairs has published a draft opinion dated 26 August 2022 on proposed amendments to the European Commission's proposal to establish the next generation of own resources for the EU budget. The proposal, announced in December 2021, includes three new sources of revenue: the first based on revenues from emissions trading (ETS), the second drawing on the resources generated by the proposed EU carbon border adjustment mechanism, and the third based on the share of residual profits from multinationals that will be re-allocated to EU Member States under the recent OECD/G20 agreement on...