A wave of low-carbon steel projects should be launched across the EU by 2030 but how commercially viable they are is still to be seen. According to Agora Industry, two critical factors underpin this uncertainty: a carbon price below EUR 150 per tonne of CO2 emissions...
Category: General
From Niche to Mainstream: Shaping Demand for Green Steel
This report on the demand for green steel examines the impact of steel production using low-carbon technologies further down the value chain. Key Takeaways Due to weak carbon prices and high electricity costs, producing green steel incurs in a premium, which...
Joint letter calling for separate emissions reductions and permanent CDR targets in EU 2040 climate framework
Sandbag co-signed an open letter sent to the European Commission by 114 leading academics, businesses, civil society organisations and research institutions urging the EU to set explicit and separate targets for greenhouse gas emissions reductions, land-based carbon...
Updating of the EU ETS free allocation rules: Polluting for free during a climate crisis
In this joint op-ed, first featured in Carbon Pulse, Sandbag policy officer Aymeric Amand and Carbon Market Watch policy expert Lidia Tamellini examine the revision of the Free Allocation Regulation. The EU Emissions Trading System (ETS) is one of the core EU...
European Commission lets recycled steel down in regulation proposal
Sandbag and 12 other organisations – representing important environmental NGOs, think tanks and the European recycling industry – have co-signed a letter addressed to Members of the European Parliament and Members of Coreper 1 in response to the European Commission’s...
The European Hydrogen Bank Confirms a Blind Support Approach
The Commission has recently published the Terms & Conditions (T&C) for the pilot auction of the European Hydrogen Bank (EHB) taking place on the 23rd of November 2023, in an attempt to meet the ambitious target set in the REPowerEU plan of 10Mt domestically...
Feedback on the Draft of the CBAM Implementing Regulation
We welcome the Commission's draft of the CBAM implementing regulation concerning the reporting obligations and provisional methodology for calculating embedded emissions in CBAM goods. However, we have concerns regarding the accounting and monitoring rules applied to...
Free Allocation Needs to Incentivise Circularity for the EU to Reach Net Zero
Open letter: Free allocation needs to incentivise circularity for the EU to reach net zero To: DG CLIMA - Mr Heiko Kunst Chair of the Expert Group on Climate Change Policy Dear Mr Kunst, We are writing to you on behalf of the European steel scrap recycling...
Electric vehicle transition must drive acceleration in UK renewables
The exponential growth in uptake of electric vehicles (EV) represents an exciting step change which could have huge benefits for air quality and the climate. Sandbag is fully supportive of this change; here, we explore how the environmental benefits can be maximised....
Reaction to the Commission’s revision of the EU ETS Directive
Sandbag has prepared the following statement in reaction to the Commission’s revision of the EU ETS Directive published earlier today. download PDF