proposed a reform of the EU ETS in its 'Fit for 55' legislative package. The reform entails an increase of the linear reduction … factor (LRF), an adjustment of the intake rules for the Market Stability Reserve (MSR) and the introduction of a fixed …

proposed a reform of the EU ETS in its 'Fit for 55' legislative package. The reform entails an increase of the linear reduction … factor (LRF), an adjustment of the intake rules for the Market Stability Reserve (MSR) and the introduction of a fixed …

by adjusting the linear reduction factor (LRF). We find that the LRF increases MSR cancellations substantially (up to 10 …