"Don't touch my carbon revenue!"

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.