CEPS-Sandbag Joint Op-Ed – The EU should lead the green steel race… Or it could be left behind in the dust

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...

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...

Flat Steel in the Free Allocation Regulation

Following the revision of the EU Emissions Trading System (ETS) Directive in April 2023, the European Commission was mandated to review the Free Allocation Regulation, which establishes the methodology that calculates the number of free emission allowances for sectors...

Sandbag is a non-profit climate change think tank that uses data analysis and targeted advocacy campaigns to improve EU climate policies

Our work focuses on EU policies such as the EU Emissions Trading System, carbon border adjustment mechanisms, and emissions reductions in industrial sectors. We believe in Europe’s ability to lead by example in climate aciton as well as to use its large market and stimulate technological competition as an incentive for others to follow. However we are also aware of the risk of Europe failing to meet its own commitments, which is why we want EU climate policies and regulations to be as effective and robust as possible.

Our Work

Carbon Pricing

Our research on the EU ETS and emission allowances, advocating for efficient carbon pricing mechanisms and concrete ways to drive emission reductions.

Industry

Exploring the potential of electrification, circularity, and innovative technologies to decarbonise hard-to-abate sectors like steel, aluminium, and cement.

CBAM

Supporting a strong CBAM to phase out the allocation of free emission allowances, address carbon leakage, and accelerate global climate action.

Climate Financing

Our analysis of EU funding initiatives driving climate innovation and industrial decarbonisation. Ensuring revenues from the EU ETS and CBAM are well spent.

Data Tools

Our data visualisation and simulation tools, allowing EU policymakers to gain unique insights and implement informed climate policies.

Publications

Fixing the Innovation Fixation

Fixing the Innovation Fixation

Joint blog with Carbon Market Watch25 May 2023 Sandbag's feedback to the EC25 May 2023 The EU’s Innovation Fund, launched in 2018, is the EU’s programme for funding cutting-edge low-carbon...

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Key dates in the calendar

3 April 2024 – Publication of the verified emissions covered by the EU ETS in 2023

Early May 2024 – Publication of the 2023 EU ETS compliance data

16 May 2024 – Climate Change Policy Expert Group meeting (EU ETS formation)

13 June 2024 – Climate Change Policy Expert Group meeting (EU ETS formation)

By 30 June 2024 – Implementing Regulation laying down the detailed rules for calculating CORSIA-related offsetting under Article 12(7) of EU ETS Directive

June 2024 (TBC) – Public consultation & publication of draft Delegated Act on the inclusion of permanent CCU in the EU ETS

By 31 August 2024 – Implementing Regulation laying down the detailed rules for monitoring and reporting the non-CO2-effects of aviation (Article 14(5) of EU ETS Directive)

September 2024 – Climate Change Policy Expert Group meeting (EU ETS formation)

November 2024 – Climate Change Policy Expert Group meeting (EU ETS formation), vote in CCC on ETS

December 2024 – Climate Change Policy Expert Group meeting (EU ETS formation), envisaged adoption

By the end of 2024 – Adoption of a Delegated Act on a support mechanism for the use of eligible fuels, which will distribute emission allowances to cover the price difference to kerosene

By the end of 2024 – Delegated Act amending the ETS Monitoring & Reporting Regulation to include requirements for reporting the use of CORSIA eligible fuels and unit cancellation

2026 – Full auctioning of emission allowances to aviation

23 April 2024 – CBAM Expert Group meeting

1 July 2024 – CBAM rules on the verification of embedded emissions; maximum use of default values (when reporting embedded emissions) goes down from 100% to 20%

31 July 2024 – Deadline to finalise 2023 CBAM declarations

1 January 2026 – start of the definitive period, CBAM implementation

30 April 2024 – Results of the European Hydrogen Bank’s first auction

June 2024 (TBC) – Public consultation & publication of draft Delegated Act on the inclusion of permanent CCU in the EU ETS

15-17 April 2024 – Carbon Removals Expert Group meetings

By 30 June 2024 – Implementing Regulation laying down the detailed rules for calculating CORSIA-related offsetting under Article 12(7) of EU ETS Directive

By 31 August 2024 – Implementing Regulation laying down the detailed rules for monitoring and reporting the non-CO2-effects of aviation (Article 14(5) of EU ETS Directive)

By the end of 2024 – Adoption of a Delegated Act on a support mechanism for the use of eligible fuels, which will distribute emission allowances to cover the price difference to kerosene

By the end of 2024 – Delegated Act amending the ETS Monitoring & Reporting Regulation to include requirements for reporting the use of CORSIA eligible fuels and unit cancellation

March 2025 – First reporting by airlines of their fuel use (covering 2024)

2025 – Monitoring and reporting by aircraft operators of non-CO2 effects

2026 – European Commission to publish results on non-CO2 effects of air transport

2026 – Full auctioning of emission allowances to aviation

 

 

6-9 June 2024 – European Parliament elections

1 July 2024 – Hungary takes over the Presidency of the Council of the European Union

1 January 2025 – Poland takes over the Presidency of the Council of the European Union

1 July 2025 – Denmark takes over the Presidency of the Council of the European Union

1 January 2026 – Cyprus takes over the Presidency of the Council of the European Union

1 July 2026 – Ireland takes over the Presidency of the Council of the European Union

1 January 2027 – Lithuania takes over the Presidency of the Council of the European Union

1 July 2027 – Greece takes over the Presidency of the Council of the European Union

1 January 2028 – Italy takes over the Presidency of the Council of the European Union

1 July 2028 – Latvia takes over the Presidency of the Council of the European Union

1 January 2029 – Luxembourg takes over the Presidency of the Council of the European Union

1 July 2029 – Netherlands takes over the Presidency of the Council of the European Union

TESTIMONIALS

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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