EU Parliament’s biggest party seeks drastically increased, accelerated MSR sales under proposed RePowerEU changes

Published 02:00 on September 8, 2022  /  Last updated at 03:16 on September 8, 2022  /  EMEA, EU ETS  /  No Comments

The centre-right EPP political group wants to auction €20 billion worth of MSR-held carbon allowances within a single year - rather than the four-year stretch proposed by the European Commission under its RePowerEU initiative, according to legislative amendments submitted this week that could increase bearish pressures on the market.

The centre-right EPP political group wants to auction €20 billion worth of MSR-held carbon allowances within a single year – rather than the four-year stretch proposed by the European Commission under its RePowerEU initiative, according to legislative amendments submitted this week that could increase bearish pressures on the market.

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