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...

A storm in a teacup: impacts and geopolitical risks of the European Carbon Border Adjustment Mechanism

Report | A storm in a teacup Impacts and geopolitical risks of the European Carbon Border Adjustment Mechanism. Sandbag and E3G were commissioned by Energy Foundation China to analyse the impact of the CBAM proposed by the European Commission in its Fit For 55...

New study shows limited trade impacts of European Carbon Border Adjustment Mechanism

The impact of the likely Carbon Border Adjustment Mechanism (CBAM) on European importers will be minor, according to a new report by Sandbag and E3G. The CBAM only covers 3.2 percent of goods imported into Europe, but 47 percent of the free emission allowances...

ETS reform: under the hype, a sense of déjà-vu

On 14 July a long-expected reform proposal of Europe’s carbon market was published by the European Commission. Far from addressing the market’s main issues, it barely adds a few patches and increases the risk of exceeding the cap.   Cap: LRF, rebasing, maritime...

A Storm in a Teacup: preliminary findings on the CBAM proposal

[Update: check out our latest analysis of the Fit For 55's CBAM proposal] Last month, a draft regulation proposal for a Carbon Border Adjustment Mechanism (CBAM) was leaked by the European Commission. Sandbag analysed its scope and impacts on the EU's foreign trade. ...

Untangling the knots – Clearing the way to fast green hydrogen deployment

As the EU and some of its Member States are piling up subsidy schemes to try and kickstart a market for 'clean' hydrogen, projects are starting to attract public funding for applications with often low levels of technological readiness, economic viability, or even...

We’re a non-profit climate change think tank which uses data analysis to build evidence-based climate policy.

We focus on EU policies such as the EU Emissions Trading Scheme, climate governance and emissions reductions in industrial sectors. We believe in Europe’s ability to lead climate action, by example and using its large market and ability to stimulate technological competition as an incentive for others to follow. But we’re also aware of the risk that Europe’s might fail to deliver on its own pledges, which is why we want to get EU policy right.


Sandbag is recognised as a top global climate think-tank

An inspirational idea that promises to make a real and positive difference… and a wonderful opportunity to help sort out the climate mess we’ve all created. Prof. Chris Turney is the author of Ice, Mud and Blood: Lessons from Climates Past
Chris Turney

Professor, University of Exeter

Sandbag is playing a crucial role in making sure that Europe’s cornerstone climate policy actually does its job.
Caroline Lucas

United Kingdom MP

Sandbag … strikes a balance between underlining the merits of the EU ETS and criticising the weaknesses.
Connie Hedegaard

Former European Commissioner


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