Blog posts
A Storm in a Teacup: preliminary findings on the CBAM proposal
[Update: check out our latest analysis of the Fit For 55's CBAM proposal] Last month, a draft regulation proposal for a Carbon Border Adjustment Mechanism (CBAM) was leaked by the European Commission. Sandbag analysed its scope and impacts on the EU's foreign trade. ...
Now boarding for better climate action under EU ETS aviation rules
It’s a major year of reform for many aspects of the EU ETS, and aviation is no exception. The European Commission will soon decide how its key climate policy will interact with international attempts to tackle greenhouse gas emissions from air travel. As the public...
Is the EU ETS going to pass the novel coronavirus test?
The EU ETS Phase II (2008-2012) was badly affected by an economic crisis of historical proportions which saw a massive drop in demand for allowances on the carbon market. This put a shock in the ETS system and the carbon price dropped from 30 EUR/t in 2008 to the...
Overall ETS emissions 2019 : expect the unexpected
Industry emissions experience biggest annual drop towards end of Phase III Disclaimer: Analysis done on the basis of number available on EUTL on April 1st COB 2020, some verified numbers still due to be coming in by May 2020 Reported 2019 emissions were 1523 MT CO2...
Carbon Limbo
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year
NEW DATA: EU ETS emissions fall 4% as wind & solar replace coal generation
Hard coal emissions fell by 9% in 2018, down 40% since 2012.
Lignite emissions fell only 3% in 2018, and are now higher than hard coal emissions.
ETS & Brexit: The Budget answers some questions but poses others
There are many questions to be answered to pass the ‘Bridge of Death’ and avoid the ‘Gorge of Eternal Climate Peril’ in the event of a no-deal Brexit
Time for the UK to show it’s serious about CCS
Today, the BEIS Carbon Capture Utilisation & Storage (CCUS) Cost Challenge Taskforce, on which Sandbag sits, has published its report to Government, with recommendations on how the UK can begin deployment of this vital technology for tackling climate change. Back...
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