Feb 21, 2017 | EU Emissions Trading System (ETS)
The idea that a transition will always have winners and losers is why the ETS was created: the market’s raison d’être was to allow those who found it hard to make emissions cuts to pay for cheaper ones elsewhere. By introducing a linear trajectory and creating...
Feb 21, 2017 | EU Emissions Trading System (ETS)
(Image used under Creative Commons License. Credit: Alexos_Fotos) Last week the European Parliament voted against carbon border tariffs for cement, while supporting increased free allocation of emission allowances. Soon-to-be-published analysis of free allocation...
Feb 15, 2017 | EU Emissions Trading System (ETS)
15th Feb, Strasbourg – Today the European Parliament voted to stop the EU Emissions Trading System from providing adequate signals for the transition to a prosperous low-carbon economy. In doing so, Europe’s emission reductions in 2030 are very likely to be out...
Jan 31, 2017 | Carbon Border Adjustment Mechanism (CBAM), Construction, Industry
31st January, Brussels – As the EU debates whether to raise border tariffs on cement, new research by environmental think-tank Sandbag shows the proposed tariffs can create better incentives to cut cement emissions and reward companies that produce low-carbon...