ETS2 – early auctioning of allowances

Carbon Market Watch welcomes this Commission initiative and believes that early auctioning of 450 million ETS2 allowances should be taken forward. The effectiveness of the ETS2 to deliver meaningful and timely greenhouse gas emission reductions is being undermined by various initiatives, such as the watering down of the system through weakening the MSR and the one-year delay decided during the EU Climate Law revision.