Latvia seeks deals on ETS reform, industry emissions

The incoming Latvian presidency of the EU Council aims to reach agreements on the reform of the EU emissions trading scheme (ETS) and pollution limits for medium combustion plants.

When it takes the helm in January, Latvia will need to broker a deal among the member states for a position on the market stability reserve (MSR), which aims to reduce surplus allowances in the ETS. The European Parliament’s environment committee will vote on its position in February.