May 26, 2016 | Publications
Today, Thursday 26 May Sandbag has released a new report on the cumulative surplus of Annual Emission Allocations (AEAs) under the Effort Sharing Decision (ESD) – the EU’s bigger, but less well-known climate instrument, alongside the EU Emissions Trading System (ETS)....
May 20, 2016 | Carbon Markets, ETS
In a recent communication responding to the Paris Climate agreement, the European Commission made clear that it does not intend to increase the level of its climate ambition until after 2030. This ignores the clear mandate the Paris Climate agreement provided to...
Apr 28, 2016 | Carbon Markets, ETS
This week, Sandbag presented its ‘tiering’ proposal to the Environment Committee shadow rapporteurs meeting on reforming the Emission Trading Scheme. The proposal recommends a way to improve ‘carbon leakage’ protections, with a nifty boost for ambition at the same...
Apr 26, 2016 | Carbon Markets, Climate financing, ETS, Publications
Update 04/05/16 following full publication of Mr Federley’s proposal The 150 million ETS allowances proposed to be used to top up the Innovation Fund are not destined to be removed the Market Stability Reserve (MSR), as reported in the media (see below). Apologies for...
Apr 21, 2016 | Publications
Tomorrow the European Union, alongside over 150 states, will sign the Paris agreement at a ceremony in New York. But can we really live up to the promise of keeping the world below 1.5 degrees warming with the current low level of ambition in the European 2030 climate...
