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Parliament makes landmark decision on fixing Europe’s carbon market

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...

Parliament makes landmark decision for fixing Europe’s carbon market

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...

European Commission’s carbon market fix could face ten year setback

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

EU Industry Committee fails to reach agreement on carbon market fix

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...

Environment Committee steps up ambition in amendments to the Market Stability Reserve proposal

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...
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