Launch of consultation by the European Commission on the functioning of carbon allowance auctions
On December 22 2015 the European Commission launched a consultation on the functioning of EU emission allowance auctions. The consultation addresses the so-called Auctioning Regulation (EU 1031/2010) governing auctioning under the EU ETS. Stakeholders may react to changes in the Regulation related to the introduction of the Market Stability Reserve in 2019. In addition, views and experiences on the auctions conducted to date and suggestions for further technical improvements are welcome.