✉news WorldEU Politics first seen 7 d ago, last 7 d ago, peak #29
EU negotiators strike deal on carbon market stability reserve reform
Original: ETS market stability reserve: Council and Parliament reach provisional agreement on targeted amendment
The Council and the European Parliament have reached a provisional agreement on a targeted amendment to the EU Emissions Trading System's market stability reserve. The reserve automatically adjusts the supply of carbon allowances to keep the market functioning. As a provisional deal, the text still needs formal adoption by both institutions before becoming law.
Why now: The EU carbon market is central to the bloc's climate policy, so changes to how allowance supply is managed draw attention from industry, governments and green groups.
Council of the European UnionEuropean ParliamentEU Emissions Trading SystemMarket Stability Reserve
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- ETS market stability reserve: Council and Parliament reach provisional agreement on targeted amendment · Consilium.europa.eu
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