On Monday 15 May, the European Commission published a communication on the annual surplus indicator, or the total number of allowances in circulation (TNAC) in 2022, in the European carbon market.
The total number of allowances for the past year thus amounts to 1,134,794,738. In accordance with Decision 2015/1814 concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emissions trading system (see EUROPE B11392A2) and based on the indicator, a...