Jul 2, 2021 | Carbon Border Adjustment Mechanism (CBAM)
Sandbag’s analysis of the European Commission’s leaked proposal for a CBAM highlights its limited trade scope but significant climate policy implications. Although the covered goods represent a small fraction of EU imports (just 0.8% from China) the sectors involved receive nearly half of all free EU ETS allowances. The CBAM aims to replace these with a carbon pricing mechanism on imports, particularly affecting steel and aluminium. While importers may face increased costs, much of this is expected to be offset through higher consumer prices.
Jun 25, 2021 | Hydrogen, Industry
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 green hydrogen, projects are starting to attract public funding for applications with...
Apr 8, 2021 | EU Emissions Trading System (ETS)
EU ETS emissions plummet due to pandemic as EUA surplus skyrockets This analysis is based on estimations using data available as of 1 April 2021. It will be updated as more data is made available during the coming weeks. The European Commission has released the bulk...
Mar 25, 2021 | Climate Financing
Harnessing EU Funds for Romania's Energy Transition Sandbag is pleased to launch our latest report on the energy transition in Romania. As a major regional actor and an important player in the European policy space, Romania has the potential to become a leader on...
Mar 22, 2021 | Hydrogen, Industry
European Parliament clings to false solutions in Hydrogen Strategy vote Committee MEPs are set to approve a report laden with risks to the EU’s renewable energy transition on Monday 22 March. They want to see so-called “low-carbon hydrogen” –...
