In the near term the UK grid will require some additional fossil peaking plant, which will work alongside batteries and DSR to ensure the lights stay on.
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.
Sandbag spoke in favour of a regional carbon price at the French government event last week
Today, the EU Council has finally endorsed the ETS reform, the final stage before it becomes law – but already, further reform is being discussed.
The moment when 196 countries signed on to this Agreement and the ratification threshold was met in 2016, the Requiem for inappropriately low carbon prices started playing in the background.
Zhang Yong hailed the dawn of China’s carbon market today
Two new briefings show how small changes to the Effort Sharing Regulation – currently being debated by the European Institutions – could slow EU greenhouse gas emissions cuts. Hundreds of millions of tonnes of CO2 emissions are at stake.
New ETS reforms guarantee that emissions reductions from coal phase-out, energy efficiency and renewables policy will not ‘pop up’ elsewhere in the EU
Deeper analysis of last week’s EU Emissions Trading System reform, and the consequences for the EU within the Paris Agreement
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