Focus on incentives to anticipate the next move in the EU carbon market
"What at first was plunder assumed the softer name of revenue." - Thomas Paine
It didn’t take long before many EU governments began to rebel against the European Commission (EC) proposal to sell €20 billion of EUA’s from the Market Stability Reserve (MSR).
Once governments get a taste for a new and growing source of tax revenue, its very hard for them to see it go down.
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