Jun 9, 2016 | EU Emissions Trading System (ETS)
The Emissions Trading System reform is in Committee Stage, and a dark comedy has begun. Many of the measures proposed in the Environment (ENVI) committee draft (by Ian Duncan MEP) ironically act against the environment, condemning the EU to an inadequate response to...
May 26, 2016 | Climate Financing
Today, Thursday 26 May Sandbag has released a new report on the cumulative surplus of Annual Emission Allocations (AEAs) under the Effort Sharing Decision (ESD) – the EU’s bigger, but less well-known climate instrument, alongside the EU Emissions Trading System (ETS)....
May 20, 2016 | EU Emissions Trading System (ETS)
In a recent communication responding to the Paris Climate agreement, the European Commission made clear that it does not intend to increase the level of its climate ambition until after 2030. This ignores the clear mandate the Paris Climate agreement provided to...
Apr 28, 2016 | EU Emissions Trading System (ETS)
This week, Sandbag presented its ‘tiering’ proposal to the Environment Committee shadow rapporteurs meeting on reforming the Emission Trading Scheme. The proposal recommends a way to improve ‘carbon leakage’ protections, with a nifty boost for ambition at the same...
Apr 26, 2016 | Climate Financing, EU Emissions Trading System (ETS)
Update 04/05/16 following full publication of Mr Federley’s proposal The 150 million ETS allowances proposed to be used to top up the Innovation Fund are not destined to be removed the Market Stability Reserve (MSR), as reported in the media (see below). Apologies for...
