A dozen or so European environment ministers, speaking at their sectoral council meeting on Tuesday 16 December, welcomed the European Commission’s proposed revision of the market stability reserve for the new Emissions Trading System extended to the building and road transport sectors (ETS2) (see EUROPE B13761A2).
The Commission proposed this revision on 27 November, following a letter drafted by 19 Member States (see EUROPE B13667A12), in order to “ensure that the market stability...