14.07.2015 - EU parliament approves market stability reserve for emissions trading
Parliament has approved an agreement reached with the European council to reform the EU emissions trading system (ETS), through the introduction of a market stability reserve (MSR) mechanism, which will become operational as of 2019. The ETS allows companies to purchase CO2 emissions allowances, or sell them off if they have any carbon provisions left over. The MSR is intended to ensure more stable prices for these allowances, by reducing the offer if there are too many allowances on the market...............................................Full Article: Source
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