New analysis from Sandbag shows that even with a strong Market Stability Reserve (MSR), the Emissions Trading Scheme (ETS) surplus will stay at about two billion tonnes until 2020. This will mean, contrary to some other analysts predictions, a tonne of carbon pollution in the EU will remain cheaper than a cinema ticket for the foreseeable future.
- Letter to members of the European Parliament Environment (ENVI) committee
- Reform, not a patch, will curb carbon price volatility
- Risk of surplus with Market Stability Reserve – a short story
- Time to vote for an EU Emissions Trading System (ETS) that works for climate and industrial transformation
- Emissions covered by the EU’s Emissions Trading Scheme rebound but allowances in circulation remain as high as in 2019