Brexit & the EU ETS: Greater as the sum or in parts?

New analysis by Sandbag shows that the UK Government’s current approach to Brexit makes the possibility of  the UK staying in the EU carbon market unlikely in the long term. If the UK leaves, the size of the persistent EU ETS surplus would be only slightly reduced...

A tale of two surpluses

This report considers the Market Stability Reserve (MSR) cancellation options for Phase 4 of the EU Emissions Trading System (EU ETS). A combination of elements from the European Parliament and Council positions, if maintained in trialogues, would leave the EU ETS in...

The Carbon Leakage Conundrum

How do we prevent industrial carbon leakage? How can we reform the EU ETS to ensure it promotes green industrial growth?

The Czech ETS fat cats. České tlusté kočky.

Please note that this briefing produced by Sandbag and Centre for Transport and Energy (CDE) includes both Czech and English Executive summary.   The Emissions Trading System (ETS), the EU’s flagship climate policy, was introduced in 2005. Legislative reforms are...

Stay the course: UK manifesto recommendations

The United Kingdom has made good progress in bringing down carbon emissions cost-effectively, cutting UK air pollution and opening up new growth in clean industries. The current government’s legal endorsement of the Fifth Carbon Budget is a welcome milestone on the...