TheCompensators* » Environment Committee votes for fast reform of ETS

Environment Committee votes for fast reform of ETS

Can the ETS be repaired? Yesterday the Environment Committee raised hopes by backing a draft law containing the market stability reserve, a mechanism to regulate the current surplus of EU Allowances on the market. The MEPs also proposed preventing the automatic return to the market, from 2019, of a portion of allowances “back loaded” last year in a separate vote.

Read more details in the German version of our blog post, or consult the Environment Committee’s press release.

 

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