At a meeting in Brussels, EU energy commissioner Andris Piebalgs announced his support for the concept of using GHG emission allowances to fund CCS projects. Piebalgs mentioned that he would support the Doyle Report. He said, “[in] the proposed amendment, 500 million ETS Emissions allowances would be allocated to the building of 12 CCS demo projects from the ETS New Entrants Reserve.” He continued on, “The amendment can offer means of helping all new low carbon technologies demonstration, including early CCS projects, to cover part of the additional demonstration costs regular power plants will not face.” It is estimated that such a fund could be worth up to 20 billion euros depending on the cost of the allowances.