Publications
As Paris approaches, an easy route to increased EU climate ambition
As pressure mounts on leaders to reach a new global climate change agreement this December, European policymakers have begun the process of constructing laws that will enforce Europe’s emissions cuts out to 2030. In July, the European Commission released a first...
Reaction to the Commission’s revision of the EU ETS Directive
Sandbag has prepared the following statement in reaction to the Commission’s revision of the EU ETS Directive published earlier today. download PDF
Discharging a political storm: Supporting EU competitiveness and innovation in the ETS
On Wednesday, the EU Commission will release new legislation to reform Europe’s key climate policy, the EU Emissions Trading Scheme (EU ETS). This will kick off a year-long debate about how best to marry low carbon ambitions with economic competitiveness. In...
Deep cuts in industrial emissions are needed: How do we pay for them?
Deep emissions reductions in the European power sector are already occurring, but emissions reductions in industrial sectors have been largely limited to incremental efficiency gains. In a new briefing, Sandbag looks at a funding model for industrial...
How does the ETS fit with other EU climate policy?
Some say ditch it, others say it's all we'll ever need. Sandbag's new report, released today alongside an animation and webinar, shows that the Emissions Trading Scheme can only be part of the wide variety of climate policies Europe needs to...
Updated data reinforces Sandbag forecast: carbon market surplus to remain over 2 billion in 2020
Today the European Commission announced that the EU ETS surplus of over 2 billion allowances,fell by only 30 million allowances in 2014. The European Commission data is in line with Sandbag’s 2014 forecast, which Carbon Pulse reported today as the most accurate;...
Breakthrough reform of EU carbon market agreed
Trialogue discussions between the European Parliament, Council and Commission concluded on Tuesday evening in a landmark agreement to reform Europe’s Emissions Trading Scheme. Sandbag calculates that this agreement could now remove as many as 2.2 billion...
Huge oversupply in EU carbon market persists despite emergency fix
Data released on Monday shows that despite an emergency intervention to remove 400 million emissions allowances, the oversupply in the EU’s carbon market was barely dented in 2014. Analysis from Sandbag finds that, against expectations, the market...
Breakthrough reform of EU carbon market agreed
Sandbag's reaction to landmark deal to reform the EU ETS struck at Trialogue in Brussels on evening of May 5th 2015 download PDF
Groundbreaking advances on carbon market reform in EU Council
The European Council has agreed to support a January 2019 start to the Market Stability Reserve, two years earlier than the original Commission proposal.[1] The Council also agreed to place hundreds of millions of unallocated allowances[2] into the Market...
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