Category: UK

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...

Carbon Limbo

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

Event- Should the UK leave the EU carbon market?

Earlier this week, Sandbag launched its new report on what Brexit means for the EU carbon market at the Institute of Mechanical Engineers in Westminster, with responses from Richard Howard of Policy Exchange and Baroness Worthington of the Environmental Defense Fund...