The European Commission’s plan for a Carbon Border Adjustment Mechanism cleared its first hurdle today as the ENVI Committee of the European Parliament passed an own initiative report broadly supportive of the mechanism. The report regards a Carbon Border Adjustment...
Category: ETS
Now boarding for better climate action under EU ETS aviation rules
It’s a major year of reform for many aspects of the EU ETS, and aviation is no exception. The European Commission will soon decide how its key climate policy will interact with international attempts to tackle greenhouse gas emissions from air travel. As the public...
Benchmarks and Free Allocation: Details reveal problems in the EU ETS
Sandbag is actively campaigning for changes to the EU ETS benchmarking system and an end to free allocation in the upcoming EU ETS reform. In the meantime, the current EU ETS remains in place. On the 1st January we entered into Phase IV of the EU ETS, and the European...
Times of change for the EU ETS: Sandbag’s feedback on the upcoming revision
In just one month, Phase IV of the EU ETS will start, bringing in many changes that were negotiated during past revisions of Europe’s carbon market. But even more changes are coming down the line, as the European Commission gets ready to present another EU ETS...
EU ETS for aviation: on course for climate neutrality?
As the EU aims for climate neutrality by 2050, the aviation sector is lagging far behind in terms of climate action. Greenhouse gas emissions from aviation are increasing rapidly, and the sector receives many tax exemptions and state subsidies. Within Europe, the main...
2020 Industrial Relaunch
This report has been informed by a call for evidence conducted by Sandbag between October 2019 – January 2020 and builds on Sandbag’s previous work on industrial emissions policy. It follows on from Sandbag’s report on Barriers to Industrial Decarbonisation, published...
Is the EU ETS going to pass the novel coronavirus test?
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...
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.
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