In a ‘non-paper’ published on Wednesday 25 June, 16 Member States asked the European Commission to consider improvements before the launch of the Emissions Trading System (ETS2) in 2027, highlighting uncertainty over prices and potential social impacts.
The signatory countries set out five proposals, four of which call for a targeted revision of the Auction Regulation and/or the decision on the Market Stability Reserve (MSR).
One of these proposals is to launch ETS2 auctions from...