On Thursday 27 November, the European Commission officially presented the adjustments to the market stability reserve, designed to ensure a “progressive and smooth” launch of the ETS2 emissions trading system.
The proposal aims to respond to the concerns expressed by several Member States and MEPs ahead of the entry into force of ETS 2, which targets the decarbonisation of the transport and construction sectors (see EUROPE B13735A1, B13667A12).
Firstly, the Commission wants to ensure...