Read our EU ETS response
Read our Innovation Fund response
Our main messages:
-
Simplify the EU ETS by phasing out free allocation
-
Aviation: put a seat belt on EUA supply
-
Free allocation: switch from process to products
-
Link indirect cost compensation to carbon-free electricity only
-
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
-
Keep carbon removals out of the ETS
-
Do not shift CCU carbon accounting down value chains
-
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
Minding the gap requires building bridges
The moment when 196 countries signed on to this Agreement and the ratification threshold was met in 2016, the Requiem for inappropriately low carbon prices started playing in the background.
ESR reform: Millions of tonnes of CO2 at stake
Two new briefings show how small changes to the Effort Sharing Regulation – currently being debated by the European Institutions – could slow EU greenhouse gas emissions cuts. Hundreds of millions of tonnes of CO2 emissions are at stake.
The case for additional actions under the EUETS has never been stronger
New ETS reforms guarantee that emissions reductions from coal phase-out, energy efficiency and renewables policy will not ‘pop up’ elsewhere in the EU
WHAT WE DO
TOOLS
PUBLICATIONS
NEWSLETTER
Mundo-b Matogné. Rue d’Edimbourg 26, Ixelles 1050 Belgium.
Sandbag is a not-for-profit (ASBL) organisation registered in Belgium under the number 0707.935.890.
EU transparency register no. 277895137794-73.
VAT: BE0707935890.