Feb 24, 2015 | EU Emissions Trading System (ETS)
Today the EU Parliament endorsed an extensive package of reforms to rescue Europe’s carbon market. The package would from 2018 begin tackling the current 2 billion tonne oversupply of carbon allowances and prevent an avalanche of roughly 1.6 billion allowances...
Feb 24, 2015 | EU Emissions Trading System (ETS)
Today the EU Parliament endorsed an extensive package of reforms to rescue Europe’s carbon market. Today’s package would from 2018 begin tackling the current 2 billion tonne oversupply of carbon allowances and prevent an avalanche of roughly 1.6 billion allowances...
Feb 15, 2015 | EU Emissions Trading System (ETS)
In a new report published today, Sandbag finds that the European Commission’s proposal to tackle the oversupply of 2 billion allowances in the EU carbon market, could take a decade to get supply below current levels. download PDF
Jan 22, 2015 | EU Emissions Trading System (ETS)
Today the European Parliament’s Industry Committee (ITRE) failed to reach agreement on the on the Market Stability Reserve (MSR), the Commission’s proposed fix for the oversupplied EU carbon market. This often environmentally conservative committee came very close to...
Dec 22, 2014 | EU Emissions Trading System (ETS)
The amendments submitted by ENVI MEPs for the Market Stability Reserve (MSR) reached Sandbag on Friday last week. Relative to the ITRE amendmentsthat came out three week ago many of the ENVI amendments represent a welcome step up in terms of environmental...