Read our EU ETS response
Read our Innovation Fund response
Our main messages:
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Simplify the EU ETS by phasing out free allocation
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Aviation: put a seat belt on EUA supply
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Free allocation: switch from process to products
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Link indirect cost compensation to carbon-free electricity only
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Reform the Innovation Fund to:
– Better assess the carbon footprint of electricity use
– Reserve grants to technology risk
– Reserve scale-up subsidies to poorly capitalised sectors -
Market Stability Reserve: reduce the reinjection rate as well as thresholds
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Keep carbon removals out of the ETS
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Do not shift CCU carbon accounting down value chains
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Limit linking with other ETS
Read our responses on the European Commission’s website:
Related publications
May 25th 2023
More on the EU ETS and climate financing
NEW DATA: European ETS emissions rise for first time in 7 years
Today, the European Commission published the preliminary 2017 emissions under the EU’s Emissions Trading Scheme (ETS). Sandbag has analysed the data, and we explain in six graphics what you need to know.
Better safe than sorry: regional carbon pricing as a safety-net policy
Sandbag spoke in favour of a regional carbon price at the French government event last week
ETS reform completed – But alignment with the Paris Agreement will take more work
Today, the EU Council has finally endorsed the ETS reform, the final stage before it becomes law – but already, further reform is being discussed.
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