190 million EU ETS allowances to be placed into the Market Stability Reserve between September 2026 and August 2027
The European Commission has adopted a Communication on the total number of allowances in circulation (TNAC) on the European carbon market. The TNAC is the annual surplus indicator, which determines the functioning of the Market Stability Reserve (MSR) under the EU Emissions Trading System (EU ETS). In 2025, the TNAC stood at 1 023 494 […]
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