May 25, 2023 | Climate Financing, Industry
The EU’s Innovation Fund, launched in 2018, is the EU’s programme for funding cutting-edge low-carbon technologies. To be eligible, projects must be, according to the European Commission, highly innovative, cost-efficient, mature, scalable, and have a significant emission reduction potential. The Innovation Fund is financed using revenues from the Emissions Trading System (ETS), under which certain sectors have to buy emission permits (allowances) in order to be allowed to pollute.
May 5, 2023 | EU Emissions Trading System (ETS), Steel
Free allocation needs to incentivise circularity for the EU to reach net zero Open letter: Free allocation needs to incentivise circularity for the EU to reach net zero To: DG CLIMA – Mr Heiko Kunst Chair of the Expert Group on Climate Change Policy ...
Apr 18, 2023 | EU Emissions Trading System (ETS), Industry, Steel
From Process to Product: A Fix to the Allocation of Free Emission Permits to Industry On 18 April 2023, Sandbag presented to the European Commission’s Expert Group on Climate Change Policy a proposal for reforming the granting of free emission permits to industry...
Mar 22, 2023 | Hydrogen, Industry
The European Hydrogen Bank A recipe for competitive distortion Last Thursday, the European Commission published its Communication on the European Hydrogen Bank set to accompany the Net-Zero Industry Act, the legislative proposal for which was published on the same...