EU lawmakers rejig plan for far bigger, faster MSR sales under proposed RePowerEU changes -sources

Published 12:01 on September 19, 2022  /  Last updated at 04:55 on September 23, 2022  /  EMEA, EU ETS  /  No Comments

Right-leaning European parliamentarians are circulating an idea to auction €30 billion worth of MSR-held and other carbon allowances over 18 months, rather than the four-year stretch for raising €20 bln proposed by Brussels’ RePowerEU initiative, two well-placed sources have told Carbon Pulse, added supply that could amplify bearish market pressure.

Right-leaning European parliamentarians are circulating an idea to auction €30 billion worth of MSR-held and other carbon allowances over 18 months, rather than the four-year stretch for raising €20 bln proposed by Brussels’ RePowerEU initiative, two well-placed sources have told Carbon Pulse, added supply that could amplify bearish market pressure.

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