A tale of two surpluses
This report considers the Market Stability Reserve (MSR) cancellation options for Phase 4 of the EU Emissions Trading System (EU ETS). A combination of elements from the European Parliament and Council positions, if maintained in trialogues, would leave the EU ETS in...The Carbon Leakage Conundrum
How do we prevent industrial carbon leakage? How can we reform the EU ETS to ensure it promotes green industrial growth?