❗ETS2 UPDATE
France had Czechia both support a reform of the Market Stability Reserve to prevent price spikes on the EU’s upcoming Emissions Trading System for road transport and heating fuels as concerns mount about the scheme's social acceptance.
Quick thread 🧵:
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France had Czechia both support a reform of the Market Stability Reserve to prevent price spikes on the EU’s upcoming Emissions Trading System for road transport and heating fuels as concerns mount about the scheme's social acceptance.
Quick thread 🧵:
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Comments
* Delaying ETS2 by one year, to 2028
* Reforming MSR to allow “co-existence of various MSR releases” foreseen under Article 30h of the ETS directive
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* Raising maximum injection from 40m to 80m allowances per year
* Introducing "price corridor" or "firm price ceiling" (at least temporarily)
Full details (€): https://carbon-pulse.com/358552/
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