Brussels, 18/09/2015 (Agence Europe) - The road is now officially clear for the creation of the stability reserve for the European carbon market, aiming to remedy the problems with the EU emissions quota trading system (ETS).
On Friday 18 September, the Council of the EU formally adopted the decision for this reserve to be created in 2018 and for surplus quotas to be placed directly into the reserve from 1 January 2019 onwards (see EUROPE 11359 and 11354).
This is a joint decision of the...