15th Feb, Strasbourg - Today the European Parliament voted to stop the EU Emissions Trading System from providing adequate signals for the transition to a prosperous low-carbon economy. In doing so, Europe’s emission reductions in 2030 are very likely to be out of...
MEPs vote on reforms to tackle cement sector’s windfall profits from the ETS A vote in the European Parliament this morning could put an end to the cement sector’s windfall profits from the EU carbon market. MEPs in the European Parliament Environment Committee...
MEPs vote on reforms to tackle cement sector’s windfall profits from the ETS MEPs in the European Parliament Environment Committee (ENVI), voting on amendments to the EU Emissions Trading System (ETS), have proposed to stop giving free allowances to several...
Today’s ENVI committee vote on the EU ETS reached a last minute compromise on changes for the Phase IV of the system. The vote failed to create a well functioning market, instead binding the EU ETS to an unrealistic path inconsistent with both effective carbon...
Sandbag has proposed rebasing the starting level of the cap under Phase 4 of Europe’s Emissions Trading System (EU ETS) to reflect actual emissions in 2020.This is the most appropriate reform option for addressing the immediate imbalance between supply and demand...
Additional actions to reduce greenhouse gas emissions are being taken across the EU in sectors covered by the EU Emissions Trading System (EU ETS). These include implementing energy efficiency programmes, deploying renewables, replacing lignite and coal plants with...
Coal power generation has fallen fast. The reasons are nothing to do the EUETS. The fall in coal is a major reason that the carbon price is so low. And this means the rest of the EUETS is getting an easy ride. This threatens the integrity of the whole EUETS. ...
Today, the first ever global agreement on aviation and climate change was decided upon in Montreal. The impressive achievement in forging an agreement between 191 nations should not overshadow the fact that aviation emissions remain effectively uncapped. Today’s...
...and avoid the infamous Cross-Sectoral Correction Factor Each year, industries across the EU receive billions of Euros worth of free allowances from the European Commission in order to protect them from the costs of compliance with the EU carbon market. The logic...
Mundo Matogné. Rue d’Edimbourg 26, Ixelles 1050 Belgium. Sandbag is a not-for-profit (ASBL) organisation registered in Belgium under the number 0707.935.890. EU transparancy register no. 277895137794-73. VAT: BE0707935890