Response to the DECC Consultation on Implementing the EPS

Response to the DECC Consultation on Implementing the EPS

This brief note responds to the Department of Energy & Climate Change consultation on Implementing the Emissions Performance Standard on electricity generation in the UK. Sandbag continues to believe the EPS, though welcome, does not go far enough to signal the...
Is Europe's new climate target a walk in the park?

Is Europe's new climate target a walk in the park?

Sandbag responds to the European Environment Agency’s 2014 Trends and Projections report, challenging the limited emissions reductions the Agency expects between 2013 and 2020 and warning that spare carbon allowances amassed in the EU ETS risk scuppering the...

2020 surplus projection

For the first time, Sandbag – alongside its “Annual State of the ETS” – launches a complementary report, “Forecasting the EU ETS to 2020”. Sandbag projects a 4.5 billion tonne surplus by 2020 – this is more than double the current 2.1bt surplus. This is far in excess...
Emergency Briefing objecting to the 2015-19 carbon leakage list

Emergency Briefing objecting to the 2015-19 carbon leakage list

The European Commission’s 2015-2019 carbon leakage list uses a projected ETS price of €30 per EUA. This is highly unrealistic, with the Commission’s own research showing that €10 would be more reasonable, and the current ETS price of around €6. As such,...