14th September 2017 ETS reform proposals, as discussions stand after yesterday’s trialogue, could leave the scheme still with a 1-2 billion tonne allowance surplus available to the market in 2025. In this scenario, the carbon price would remain unlikely to rise...
The exponential growth in uptake of electric vehicles (EV) represents an exciting step change which could have huge benefits for air quality and the climate. Sandbag is fully supportive of this change; here, we explore how the environmental benefits can be maximised....
Tweet this image Since its creation in 2005, the EU Emissions Trading System (ETS) has been in a near constant state of crisis and reform. Since 2011, the carbon price has remained below €10 a tonne, unable to significantly influence investment decisions, and failing...
On July 6th 2017 Business Europe released a study with consulting firm FTI Compass Lexecon examining reform options for the the EU Emissions Trading System (EU ETS). As negotiations on this file are advancing during the second round of trialogues, scheduled to take...
EU ETS reform risks failing to cut the steel sector’s emissions whilst boosting the sector's unearned profits - this was the key message of a letter delivered yesterday to Heads of European Member States from Climate Action Network Europe (of which Sandbag is a...
In October 2014, EU Heads of State and Governments agreed to reduce emissions in non-ETS sectors including transport, buildings, waste and agriculture by 30% by 2030, compared to 2005 levels. Today, together with CAN Europe, Sandbag is urging the Parliament’s...
On 12th May, the Commission for the first time published the scale of the ETS surplus[1]. This is the first time this has been published by the Commission since phase 2 started in 2008. We welcome the clarity this brings. According to the Commission, the ETS surplus...
In its press release following the Environment Council’s (ENV) agreement on a general approach for reform of the EU Emissions Trading System (ETS), the European Steel Association (EUROFER) accuses the Council of falling short on carbon leakage protection. However, as...
01/03/2017 - In an unexpected move, the Environment Council has endorsed more ambitious EU ETS policy changes than those agreed by the European Parliament. Europe’s ETS cap in 2030 will still be out of line with the commitments the EU signed under the Paris...
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