The Market Stability Reserve in Perspective

Andrei Marcu

CEPS Papers from Centre for European Policy Studies

Abstract: This Special Report aims to contribute to the debate on the Market Stability Reserve (MSR), which was introduced by the European Commission in a legislative proposal of January 2014. The MSR would introduce a degree of supply management into the EU Emissions Trading System (ETS). This report is the result of various meetings with ETS-stakeholders throughout 2014. It discusses the MSR’s rationale and reviews the different options available for its design, governance and timing, as well as its consequences for the functioning of the EU ETS and the EU’s climate and energy policy.

Pages: 18 pages
Date: 2014-09
New Economics Papers: this item is included in nep-ene, nep-eur and nep-reg
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