Category: Carbon Pricing

Lost opportunity of carbon market reform leaves a lot to fix in ancillary laws

Lost opportunity of carbon market reform leaves a lot to fix in ancillary laws

Sandbag warns that EU carbon market reforms raise ambition but fail to fix structural flaws: free allocation is phased out too slowly, CBAM coverage remains partial, benchmarks still reward polluting processes, and circularity is sidelined-risking inefficiency, distortions, and missed decarbonisation opportunities