Is the EU waiting for a major reform of the emissions trading system?

France wants a price corridor for the ETS The French government wants to reduce the prices of CO2 allowances. According to the French, this would be done by introducing a corridor of price fluctuations with the lowest and highest levels to which prices could reach (floor and cap). The corridor would reflect the EU's climate objectives while reducing price fluctuations. “This is crucial to ensure political and social acceptance of the system,” th…