Sandbag welcomes the opportunity offered by the European Commission to provide feedback on the draft Delegated Act defining a method for assessing greenhouse gas emission savings for certain fuels. However, we are concerned that, despite the commendable intention to...
Category: Reports and policy briefs
RePowerEU: Fiddling with the Carbon Market puts the Climate at Risk
[See new analysis with EC, EP and Council proposals] The European Commission’s plan to raise revenues from the Emissions Trading Scheme (ETS) increases the risk to exceed the market’s emission limit. On May 18th the European Commission announced a plan to use Europe’s...
Letter to members of the European Parliament Environment (ENVI) committee
The negotiations on key climate files of the Fit For 55 package which was launched by the European Commission in July 2021, are approaching critical moments. On 16-17 May, the Environment (ENVI) committee of the European Parliament will vote on the reports for the EU...
Time to vote for an EU Emissions Trading System (ETS) that works for climate and industrial transformation
Today the ITRE Committee of the European Parliament will vote on some key aspects of the bloc’s Emissions Trading Scheme. Sandbag has teamed up with other NGOs…
EU ETS Reform – Policy Suggestions for the European Parliament
Achieving the increased EU climate targets and the goals of the Paris Agreement requires strong incentives to be set for the economy to decarbonise. A significant part of the EU’s carbon emissions is found in the industrial sectors. Consequently, a more robust...
EU ETS Revenues: Who Receives What? The Trillion Euro Question
This brief gives an analysis of the EU ETS Revenues, and aims to highlight, under various scenarios, how much is allocated to industry, Member States, and the Union’s budget respectively. The European carbon market, currently under review, will likely generate...
Why Free Allocation in the EU ETS Must Stop Urgently
Free allocation (FA) under the EU ETS has been criticised for directing large amounts of taxpayers’ money towards incumbent polluting plants, turning the polluter-pays principle on its head and not being sustainable in the long run. It also creates competitive...
Feedback on the EU ETS reform
Sandbag welcomes the opportunity to provide feedback on the update of the EU ETS under the FF55 package. Our analyses [1] show that the proposed changes are not enough to guarantee that emissions will stay below the cap and that they could exceed it by 45% in 2030....
Supply-demand analysis of EU ETS reform: Letting Industry Loose
This note aims to put numbers on the amendment proposed by the European Commission to the Directive ruling the European Emissions Trading Scheme (ETS) as part of its Fit-for-55 package, and its impact on the supply and demand balance of emission allowances (EUA). In...
A storm in a teacup: impacts and geopolitical risks of the European Carbon Border Adjustment Mechanism
Report | A storm in a teacup Impacts and geopolitical risks of the European Carbon Border Adjustment Mechanism. Sandbag and E3G were commissioned by Energy Foundation China to analyse the impact of the CBAM proposed by the European Commission in its Fit For 55...