Pressure mounts for early EU ETS reforms

A consensus on early introduction of measures to address EU allowance surpluses and drive investment seems to be emerging in the EU. But the debate is far from over

The commission is looking to act early on surplus EU allowances from industry (photograph: scanrail/123RF)Surplus allowances held back under the EU emissions trading scheme (EU ETS) to drive up flagging carbon
prices could be released directly into a proposed Market Stability Reserve, the bloc’s current Latvian Presidency has proposed. 

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