On Wednesday 15 April, the European Parliament’s Committee on the Environment (ENVI) adopted by a comfortable majority (58 votes in favour, 9 against, 9 abstentions) its negotiating position on the proposal for a targeted revision of the market stability reserve for the Emissions Trading System 2 (ETS 2) extended to the building and road transport sectors (see EUROPE B13761A2).
MEPs believe that when the price of carbon exceeds €45/tonne of CO2 equivalent (2020 price), the European...