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European Commission’s carbon market fix could face ten year setback

Feb 15, 2015 | General

In a new report published today, Sandbag finds that the European Commission’s proposal to tackle the oversupply of 2 billion allowances in the EU carbon market, could take a decade to get supply below current levels.
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  • Fixing the Commission’s innovation fixation
  • Free allocation needs to incentivise circularity for the EU to reach net zero  
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  • The European Hydrogen Bank: a recipe for competitive distortion
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