Today, the Council (at EU ambassadors level) adopted its position on a targeted amendment of the market stability reserve for the new emissions trading system for buildings, road transport and other sectors (ETS2).
The ETS2 Frontloading Facility will provide €3 billion ($3.5 billion) to sectors set to be covered by the EU’s new emissions trading system ... “This is part of a package of measures to ensure a smooth phase in of ETS2 and socially fair transition.
... to amend the MarketStabilityReserve Decision as regards the Market Stability Reserve (MSR) for the new emissions trading system for road transport and buildings (ETS2).
Today, the Commission adopted a proposal to amend the MarketStabilityReserve Decision as regards the Market Stability Reserve (MSR) for the new emissions trading system for road transport and buildings (ETS2).
) WeakeningETS2 risks derailing Europe's road-transport decarbonisation path ... The ETS2 complements the CO2 standards regulations for cars/vans and trucks/buses and constitutes a core element of the enabling conditions needed for their achievement.