Brussels, 06/05/2015 (Agence Europe) On Tuesday evening 5 May, a decisive step was made towards the structural reform of the EU's Emissions Trading System (ETS), which seeks to rectify the current imbalances between supply and demand on the European carbons market.
Negotiators from Parliament, the Council and Commission managed to reach a principled agreement on the setting up of a market stability reserve that will be up and running on 1 January 2019, two years earlier than the date...