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Europe Daily Bulletin No. 11354

9 July 2015
EUROPEAN PARLIAMENT PLENARY / (ae) ets
Parliament confirms agreement on creation of market stability reserve

Brussels, 08/07/2015 (Agence Europe) - Following a vote of the European Parliament on Wednesday 8 July in Strasbourg, the way is now clear for the structural reform of the emissions quotas trading system (ETS) of the EU, by means of the creation of a market stability reserve, to be up and running from 1 January 2019.

By a large majority (495 votes in favour, 158 against and 49 abstentions), the MEPs confirmed the inter-institutional agreement reached in May to tackle the problem of the...