The EU ETS Phase II (2008-2012) was badly affected by an economic crisis of historical proportions which saw a massive drop in demand for allowances on the carbon market. This put a shock in the ETS system and the carbon price dropped from 30 EUR/t in 2008 to the...
Category: Carbon Markets
Overall ETS emissions 2019 : expect the unexpected
Industry emissions experience biggest annual drop towards end of Phase III Disclaimer: Analysis done on the basis of number available on EUTL on April 1st COB 2020, some verified numbers still due to be coming in by May 2020 Reported 2019 emissions were 1523 MT CO2...
NEW DATA: European ETS emissions rise for first time in 7 years
Today, the European Commission published the preliminary 2017 emissions under the EU’s Emissions Trading Scheme (ETS). Sandbag has analysed the data, and we explain in six graphics what you need to know.
Climate of Cooperation: Why countries need to cooperate to cut ESR emissions cost-effectively
Sandbag’s new report shows that agreed reform of the Effort Sharing Regulation would only require very limited emissions cuts beyond current efforts, and lets the EU miss its 2030 climate change target.However, cooperation between EU countries could rescue the target,...
Better safe than sorry: regional carbon pricing as a safety-net policy
Sandbag spoke in favour of a regional carbon price at the French government event last week
ETS reform completed – But alignment with the Paris Agreement will take more work
Today, the EU Council has finally endorsed the ETS reform, the final stage before it becomes law – but already, further reform is being discussed.
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.
China’s national ETS launches today: Is it an early Christmas present for the climate?
Zhang Yong hailed the dawn of China’s carbon market today
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