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ENVI VOTE on Phase IV ETS reform

Today’s ENVI committee vote on the EU ETS reached a last minute compromise on changes for the Phase IV of the system. The vote failed to create a well functioning market, instead binding the EU ETS to an unrealistic path inconsistent with both effective carbon pricing...
We need to talk about the MSR

We need to talk about the MSR

The Market Stability Reserve (MSR) in 2020 will contain about 2.2 billion allowances.  The breakdown of this is shown in the chart below under our base case emissions scenario. This amount is largely already known with a high degree of confidence assuming that...