26/05/2015 (Agence Europe) - Parliament's environment committee approves inter-institutional agreement on stability reserve. On Tuesday 26 May, the European Parliament's environment committee gave its approval to the reform of the European emissions trading scheme (ETS) in order to remedy the 2.1 billion surplus in quotas on the European carbon market (see EUROPE 11317). The market stability reserve will start in 2019 - two years earlier than the date proposed by the European Commission. The...