FEATURE: Price or volume? EU weighs options for future ETS Market Stability Reserve

Published 10:59 on June 24, 2026 / Last updated at 11:10 on June 24, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Insights (Features)

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Policymakers broadly agree that a more responsive Market Stability Reserve (MSR) is needed to make the EU carbon market react faster to price spikes, but they remain split over whether this can be achieved using existing volume-based indicators or whether new price-based triggers are required – a step advocates say could pave the way for a “soft price corridor”.
Policymakers broadly agree that a more responsive Market Stability Reserve (MSR) is needed to make the EU carbon market react faster to price spikes, but they remain split over whether this can be achieved using existing volume-based indicators or whether new price-based triggers are required – a step advocates say could pave the way for a “soft price corridor”.


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