EU governments approve safeguards against price spikes in new carbon market

( October 9, 2026, 12:20 GMT | Official Statement) -- MLex Summary: EU governments have formally approved changes aimed at limiting price volatility in the EU’s carbon market for buildings and road transport ahead of its 2028 launch. The changes to the Market Stability Reserve, or MSR, double to 40 million the number of allowances that can be released when carbon prices exceed €45 per metric ton of CO2 equivalent, make releases more gradual when supply is low and extend the reserve beyond 2030.Press release follows, and is listed below....

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