Last night, the government agreed to a new long-term target of net zero emissions, making the UK government the first to nationally implement the global netzero goal enshrined in the Paris Agreemeent. On the same night, however, a vote to close an accounting loophole...
Category: Briefs
After the celebrations this weekend lets get Europe’s legal frameworks fit-for-purpose
[This blog is adapted from an article published in the Huffington Post on 11.12.2015] Europe is an old economy. We're industrialised, highly capitalised and largely privatised. To achieve change we need laws and policies in a way that other major economies,...
Reaction to the Commission’s revision of the EU ETS Directive
Sandbag has prepared the following statement in reaction to the Commission’s revision of the EU ETS Directive published earlier today. download PDF
Breakthrough reform of EU carbon market agreed
Sandbag's reaction to landmark deal to reform the EU ETS struck at Trialogue in Brussels on evening of May 5th 2015 download PDF
European Commission’s carbon market fix could face ten year setback
In a new report published today, Sandbag finds that the European Commission’s proposal to tackle the oversupply of 2 billion allowances in the EU carbon market, could take a decade to get supply below current levels. download PDF