Raiding the reserve that underpins the EU’s Emissions Trading System to reduce the European Union’s dependence on Russian gas is short-sighted and destructive, especially as far better solutions exist. The Market Stability Reserve (MSR) is an important element of the EU Emissions Trading System. It has proven effective in supporting the carbon price, and helped …

Read more “Plundering the EU’s carbon market to fight the energy crunch is self-defeating”