The European Investment Bank (EIB) is allocating €3 billion to help mitigate rising energy costs due to the EU's upcoming carbon tax on road transport and buildings, set to take effect in 2028. This funding aims to support vulnerable households during the transition to cleaner energy solutions, such as electric vehicles and heat pumps. Lawmakers are urging for early action to prevent the carbon tax from becoming a financial burden. The funds will be used to support low- and middle-income households, with a total of €7 billion available before 2028. Concerns remain about the social impact of the carbon tax, especially in countries opposed to its implementation.