Category: EU Emissions Trading System (ETS)

Sandbag has prepared the following statement in reaction to the Commission’s revision of the EU ETS Directive published earlier today. download PDF

On Wednesday, the EU Commission will release new legislation to reform Europe’s key climate policy, the EU Emissions Trading Scheme (EU ETS). This will kick off a year-long debate about how best to marry low carbon ambitions with economic competitiveness. In our...

Some say ditch it, others say it's all we'll ever need. Sandbag's new report, released today alongside an animation and webinar, shows that the Emissions Trading Scheme can only be part of the wide variety of climate policies Europe needs to...

Today the European Commission announced that the EU ETS surplus of over 2 billion allowances,fell by only 30 million allowances in 2014. The European Commission data is in line with Sandbag’s 2014 forecast, which Carbon Pulse reported today as the most accurate; only...

Trialogue discussions between the European Parliament, Council and Commission concluded on Tuesday evening in a landmark agreement to reform Europe’s Emissions Trading Scheme. Sandbag calculates that this agreement could now remove as many as 2.2 billion...

Data released on Monday shows that despite an emergency intervention to remove 400 million emissions allowances, the oversupply in the EU’s carbon market was barely dented in 2014. Analysis from Sandbag finds that, against expectations, the market surplus...

Sandbag's reaction to landmark deal to reform the EU ETS struck at Trialogue in Brussels on evening of May 5th 2015 download PDF

The European Council has agreed to support a January 2019 start to the Market Stability Reserve, two years earlier than the original Commission proposal.[1] The Council also agreed to place hundreds of millions of unallocated allowances[2] into the Market...

EU figures published today show domestic greenhouse gas emissions in Europe’s emissions trading scheme fell by 4.9% taking them below their official climate target for 2020.[2] This is exactly as Sandbag forecast, and more accurate than any other carbon market...