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Market Impact: 0.35

ETS market stability reserve: Council and Parliament reach provisional agreement on targeted amendment

Source: Council of the European Union

ESG & Climate PolicyRegulation & LegislationGreen & Sustainable Finance

The Council and European Parliament reached a provisional agreement to amend rules governing the invalidation of allowances in the Market Stability Reserve. The change is intended to increase long-term liquidity and predictability in the EU emissions trading system; the article gives no implementation date or quantified market impact.

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