Existing policies put Europe on track for emission cuts of at least 50% by 2030
Category: Climate Governance
Better safe than sorry: regional carbon pricing as a safety-net policy
Sandbag spoke in favour of a regional carbon price at the French government event last week
Time for Net Zero
On Wednesday, the European Parliament should vote for a 2050 net-zero target in line with the Paris Agreement
EU fails to lead the way on smart carbon markets – Analysis of the ETS reform
Deeper analysis of last week’s EU Emissions Trading System reform, and the consequences for the EU within the Paris Agreement
How will the UK cut carbon in the 2020’s?
The Clean Growth Strategy covers the whole economy – but reducing coal and gas in electricity generation is still where the bulk of the emissions cuts fall out to 2032
Forecasting ETS Surpluses
On 12th May, the Commission for the first time published the scale of the ETS surplus[1]. This is the first time this has been published by the Commission since phase 2 started in 2008. We welcome the clarity this brings. According to the Commission, the ETS surplus...
The UK Climate Change Act: standing strong in a time of change
The UK Climate Change Act was a world first. Now it is being subjected to a major test: the UK seeking to leave the EU, which governs a substantial proportion of UK emissions reduction policies. There will be substantial policy uncertainty during this phase, as well...
Brussels cuts the hot air – Green Growth and the ETS reform
It’s been an exciting week so far in Brussels. On Monday I was at the fifth Green Growth Summit, admirably organised by the Cambridge Institute for Sustainability Leadership. An impressive line-up of speakers and panellists made - yet again - a convincing case for...
UK targets Net Zero emissions, but carbon accounting flaws remain
Last night, the government agreed to a new long-term target of net zero emissions, making the UK government the first to nationally implement the global netzero goal enshrined in the Paris Agreemeent. On the same night, however, a vote to close an accounting loophole...
5th carbon budget should do what it says on the tin
Today the Committee on Climate Change has released the 5th Carbon Budget for the UK (2028-2032). This is our initial reaction, but we will prepare a more detailed response after we’ve had the opportunity to consider it more fully: We are...