| Poland has filed a lawsuit at the European Court of Justice (ECJ) calling for an annulment of the decision to implement a market stability reserve (MSR) for the EU emissions trading scheme (ETS). The complaint was filed to the ECJ on the 4 of January, the country's permanent representation to the EU told Argus.
The Polish government said last week that it would challenge the decision on the basis that the reserve's introduction in 2019 will disrupt phase 3 (2013-20) of the EU ETS, thereby undermining investor certainty. Warsaw also argued that the MSR effectively violates the principle of proportionality by increasing the EU's emissions reduction goals beyond its international obligations...............................................Full Article: Source
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