Nov 23, 2022 | Climate financing, Industry
Innovation's Black Friday The EU’s Innovation Fund, launched in 2020, is one of the world’s largest programmes funding innovative low-carbon technologies. The fund can cover up to 60% of a project’s costs, mostly upfront with few strings attached. Earlier this month,...
Nov 21, 2022 | Carbon Border Adjustment Mechanism (CBAM), Industry
ETS and CBAM should not discourage circularity The reform of the European carbon market (ETS, for Emissions Trading Scheme) and related Carbon Border Adjustment Mechanism (CBAM) will define the future of the circular economy for years to come. These two files are in...
Nov 10, 2022 | Carbon Border Adjustment Mechanism (CBAM), Industry
Precursors: the products that will eat away at the CBAM’s effectiveness The proposed Cross-Border Adjustment Mechanism (CBAM) will charge a fee based on the carbon content of some industrial products imported into the EU (listed in Annex I of the regulation), but that...
Dec 17, 2021 | EU Emissions Trading System (ETS), Industry
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...
Nov 9, 2021 | Climate financing, EU Emissions Trading System (ETS)
Sandbag's 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...
