Category: Carbon Pricing

Feedback on the EU ETS reform

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 they could exceed it by 45% in 2030....

Impact of EU ETS reform: letting industry loose

Impact of EU ETS reform: letting industry loose

This note aims to put numbers on the amendment proposed by the European Commission to the Directive ruling the European Emissions Trading Scheme (ETS) as part of its Fit-for-55 package, and its impact on the supply and demand balance of emission allowances (EUA). In...

UK ETS must learn from past mistakes

UK ETS must learn from past mistakes

One among the many consequences of Brexit is the departure of the UK from the EU ETS. The UK will leave the EU’s carbon market in January 2021, and the UK government plans to set up an independent UK Emissions Trading Scheme on that date. Sandbag were asked by the...