EU Council and Parliament agree to raise ETS reserve threshold to 700 million allowances
The Council of the EU and the European Parliament reached a provisional agreement on 20 October for a targeted change to the emissions trading system’s market stability reserve. The invalidation threshold will rise from 400 million to 700 million allowances.
The compromise keeps the invalidation mechanism in place. The Council and Parliament must still approve the agreement before formal adoption, so it is not yet law.
Data
Table
Market stability reserve thresholds
Number of emissions allowances at the reserve threshold, as stated in the provisional EU agreement.
Threshold before provisional change
400000000
Proposed threshold
700000000
Methodology
Current and agreed threshold counts are transcribed; the agreement remains provisional.
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