1 June 2016
Industry statement: Making the EU ETS relevant after the Paris Agreement
Despite adopting measures such as backloading, the Market Stability Reserve (MSR) and an increased Linear Reduction Factor (LRF), the surplus of allowances will continue to depress the market in the short to medium term, keeping ETS ineffective as a robust carbon price signal until late into the 2020s. We, a group of companies involved across the energy sector, urge you to use the current revision of EU ETS to deliver the required low carbon investment signals to meet the long term objective agreed in Paris.
