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 carbon market to help...

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...

As energy prices hit record levels, the European Union’s carbon emissions permits – which hit €100 on futures markets in February – have been accused of making electricity too expensive, and although natural gas has a much larger...

The EU is in the process of reforming its carbon market (EU ETS) in line with raising the bloc’s emission reduction target up to 55%, from 40% currently. Amongst the many features of the reform, one is raising little attention, despite contradicting a higher…

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…