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EU Parl Watch

Where the law stands, Dossier 2025/0380(COD)

Market stability reserve for the buildings, road transport and additional sectors

Amending Decision (EU) 2015/1814 as regards the market stability reserve for the buildings, road transport and additional sector

· First reading

A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.

Where it stands

Plenary vote

Parliament approved the text agreed with the Council on 15 September 2026. The Council must now adopt it formally before it is published as law.

  1. Referred to committee(done) 15 December 2025
  2. Committee work(done) Report adopted 15 April 2026
  3. Tabled for plenary(done) 17 April 2026
  4. Negotiations with the Council(done) Deal approved in committee 6 July 2026
  5. Plenary vote(done) Adopted 15 September 2026
  6. Published as law(to come)

Decided in plenary

15 September 2026 · decision 4

Climate & environment, New EU law

Market stability reserve for the buildings, road transport and additional sectors

Passed 467 for · 158 against · 41 abstained by a large majority

AI summary:The proposal responds to concerns raised by 19 member states about price uncertainty and volatility in the ETS2, and it smoothens the reserve's trigger mechanism, extends the reserve beyond 2031 and reinforces the price control mechanism.

29 April 2026 · decision 2

Climate & environment, New EU law

Market stability reserve for the buildings, road transport and additional sector

Passed 433 for · 120 against · 91 abstained by a large majority

AI summary:The proposal amends the market stability reserve for the emissions trading system covering buildings, road transport and additional sectors.

What changed

  • Committee draft → Tabled for plenary

    AI summary:The changes adjust the market stability reserve's operation, extending validity of allowances until 2033 and partially 2035, and adding provisions for their invalidation. They also revise the Commission's role, requiring impact assessments and evaluations of remaining allowances, and considering stronger price curtailment instruments. The text removes recitals on emergency mechanisms and early reports, replacing them with new requirements for distributional assessments and invalidation timelines. Other changes are formal or wording: renumbering and rephrasing of recitals.

    See the changes →

Who works on it

Lead committee
Environment, Climate and Food Safety
Danuše Nerudová (EPP)
Marta Temido (S&D), Jana Nagyová (Patriots), Anna Zalewska (ECR), Emma Wiesner (Renew), Marie Toussaint (Greens), Li Andersson (The Left), Anja Arndt (ESN)
Committees giving an opinion
  • Industry, Research and Energy

The text, version by version

Newest first.

  1. Adopted by Parliament· 15 Sept 2026

    Adopted text TA10-0279/2026

    AI summary:Parliament's position at first reading on a proposed decision amending Decision (EU) 2015/1814 on the market stability reserve for the buildings, road transport and additional sectors emissions trading system.

    What changed since Adopted text TA10-0139/2026 →

  2. Adopted by Parliament· 29 Apr 2026

    Adopted text TA10-0139/2026

    AI summary:Parliament's amended version of the proposed decision amending the market stability reserve for buildings, road transport and additional sectors. It adjusts the validity of allowances in the reserve, strengthens the price stability mechanism, and requires impact assessments.

    What changed since Report A10-0098/2026 →

  3. Tabled for plenary· 17 Apr 2026

    Report A10-0098/2026

    AI summary:Parliament's amended version of the proposed decision amends the market stability reserve for buildings, road transport and additional sectors (ETS2). It extends the validity of allowances in the reserve, strengthens the price stability mechanism, and requires impact assessments.

    What changed since Draft report (ENVI) →

  4. Committee draft· 10 Feb 2026

    Draft report (ENVI)

    AI summary:This draft report proposes amendments to the Commission's proposal amending the market stability reserve for the buildings, road transport and additional sectors. It shortens the release start to 30 days and adds recitals on social safeguards, emergency mechanisms, and impact assessments.

Timeline

Newest first.

Plenary stage 2 steps
  1. 15 September 2026

    Plenary vote

    Sitting of 15 Sept 2026 Adopted text TA10-0279/2026Report A10-0098/2026

  2. 8 September – 9 September 2026

    16 amendments tabled for the plenary vote

    Groups propose changes to the tabled text; each is voted on before the final vote.

    Amendments 28–29Amendment 30Amendment 31Amendment 32Amendments 33–38Amendments 39–43

Negotiations with the Council 3 steps
  1. 6 July 2026

    Committee approved the deal reached with the Council

    The provisional agreement from the trilogues goes to the whole Parliament for a vote.

    ENVI-AG-791078

  2. 10 June 2026

    Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  3. 29 April 2026

    Parliament opened negotiations with the Council

    After its vote Parliament sent the file back to committee, so that its negotiators can seek a compromise text with the Council (in “trilogues”).

Plenary stage 2 steps
  1. 29 April 2026

    Plenary vote

    Sitting of 29 Apr 2026 Adopted text TA10-0139/2026Report A10-0098/2026

  2. 17 April 2026

    Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    Report A10-0098/2026

Committee stage 4 steps
  1. 15 April 2026

    Committee vote: report adopted

    ENVI (Environment, Climate and Food Safety) voted on the amendments and adopted the report that goes to plenary.

  2. 17 March 2026

    Amendments tabled in committee

    Members of ENVI (Environment, Climate and Food Safety) proposed changes to the draft.

    Amendments in committee (ENVI)

  3. 10 February 2026

    Draft report published

    The rapporteur’s first text in ENVI (Environment, Climate and Food Safety). Members can table amendments before the committee votes.

    Draft report (ENVI)

  4. 15 December 2025

    Referred to the ENVI (Environment, Climate and Food Safety) committee

    The lead committee prepares the report; ITRE (Industry, Research and Energy) gives an opinion.

Official record: Legislative Observatory, 2025/0380(COD)