Jul 18, 2016 | Publications
This week the Commission should publish its new legislative proposal on the Effort Sharing Decision (ESD) – the policy driving emission reductions for the remaining approximately 60% of EU greenhouse gas emissions, not covered under the Emissions Trading System (ETS)....
Jul 5, 2016 | Publications
DG CLIMA, European Commission’s (EC) service for climate change mitigation, will publish the proposal of changes to the EU Effort Sharing Decision (ESD) around 20 July. We expect that the proposal has now entered into the ‘interservice consultation’ where it is...
Jun 16, 2016 | Carbon Markets, ETS, Publications
Sandbag publishes a new briefing on Stabilising the Market Stability Reserve Sandbag has published analysis of the impact of Phase 4 EU ETS reforms on the Market Stability Reserve (MSR) to accompany its latest briefing – ‘Aligning the surplus with...
Jun 16, 2016 | Carbon Markets, ETS
Today Sandbag published a new briefing on Phase 4 reform of the EU ETS, providing new insights on different scenarios for reducing the surplus of European Union Allowances (EUAs). Below is a summary of the key messages and findings that are detailed in the briefing:...
Jun 9, 2016 | Carbon Markets, ETS, Publications
The Emissions Trading System reform is in Committee Stage, and a dark comedy has begun. Many of the measures proposed in the Environment (ENVI) committee draft (by Ian Duncan MEP) ironically act against the environment, condemning the EU to an inadequate response to...