Council drops plan to raid ETS stability reserve

Economy and finance ministers have abandoned plans to raise any of €20bn to help the EU end its dependence on Russian energy by tapping the market stability reserve (MSR) designed to shore up Europe’s carbon price, but its decision to draw on the Innovation Fund still promises heated negotiations with the European Parliament.

by Robert Hodgson

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: subs@endseurope.com

Call: 020 8267 8120

30-day free trial 

Gain full access and pay nothing for the first 30 days

Sign up

Subscribe

Prices on request

  • Full access to endseurope.com for 12 months
  • Infringements Dashboard - Understand how current environmental directives are being interpreted and where the pitfalls are for member states
  • Individual and bespoke multi-user packages available

See all benefits