For immediate release, Wednesday 14th June 2017 Contact boris@sandbag.org.uk for more information European Parliament vote on Effort Sharing Regulation leaves little room for effort to be shared between Member States, and fails to implement the Paris Agreement. 14th...
Category: Climate Financing
New European Parliament climate policy cuts half a billion tonnes of CO2
For immediate release, Thursday 1st June 2017 Contact (+32) 2893 9208 suzana@sandbag.org.uk for more information New European Parliament climate policy cuts half a billion tonnes of CO2 Parliament’s Environment Committee (ENVI) voted on Tuesday to improve the Effort...
Flexibilities now: How to get more for less from the EU Effort Sharing Decision?
DG CLIMA, European Commission’s (EC) service for climate change mitigation, will publish the proposal of changes to the EU Effort Sharing Decision (ESD) around 20 July. We expect that the proposal has now entered into the ‘interservice consultation’ where it is...
The Effort Sharing Dinosaur: Avoiding extinction for the EU’s climate ambition
Today, Thursday 26 May Sandbag has released a new report on the cumulative surplus of Annual Emission Allocations (AEAs) under the Effort Sharing Decision (ESD) – the EU’s bigger, but less well-known climate instrument, alongside the EU Emissions Trading System (ETS)....
Is it worth it? Federley’s proposal on the Innovation Fund
Update 04/05/16 following full publication of Mr Federley’s proposal The 150 million ETS allowances proposed to be used to top up the Innovation Fund are not destined to be removed the Market Stability Reserve (MSR), as reported in the media (see below). Apologies for...
ETS funds can break the climate ambition deadlock
See our newest paper “Sharing the Burden – EU ETS Support to Central and Eastern Europe” for detailed policy solutions regarding low-carbon funds in the EU ETS revision. To anybody that follows the post-Paris developments it’s clear that the debate about European...
Deep cuts in industrial emissions are needed: How do we pay for them?
Deep emissions reductions in the European power sector are already occurring, but emissions reductions in industrial sectors have been largely limited to incremental efficiency gains. In a new briefing, Sandbag looks at a funding model for industrial decarbonisation...