ETS Market Stability Reserve to reduce auction volume by around 267 million allowances between September 2024 and August 2025
The European Commission has adopted a Communication on the total number of allowances in circulation (TNAC) on the European carbon market. In 2023 this number stood at 1 111 736 535. The TNAC indicator plays an important role in the functioning of the Market Stability Reserve (MSR) of the EU Emissions Trading System (ETS). It […]
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