Jul 3, 2024 | Carbon Pricing, ETS, Industry, Publications
Supply and demand in the EU ETS: It’s the hydrogen, stupid! This note analyses the supply and demand balance of the EU ETS until 2030. It is based on Sandbag’s ETS Simulator, which was updated with the market’s latest data and policy parameters. • The EU ETS is...
Jun 3, 2024 | Carbon Pricing, CBAM, General, International, Steel
Report - A Scrap Game: Impacts of the EU Carbon Border Adjustment Mechanism The Carbon Border Adjustment Mechanism (CBAM) was formally adopted on 17 May 2023, two years after the initial proposal by the European Commission. We are now in the midst of the CBAM...
Mar 15, 2024 | General, International, Steel
CEPS-Sandbag Joint Op-Ed – The EU should lead the green steel race… Or it could be left behind in the dust A wave of low-carbon steel projects should be launched across the EU by 2030 but how commercially viable they are is still to be seen. According to Agora...
Jan 9, 2024 | Climate Governance, General, Publications
Sandbag co-signed an open letter sent to the European Commission by 114 leading academics, businesses, civil society organisations and research institutions urging the EU to set explicit and separate targets for greenhouse gas emissions reductions, land-based carbon...
Dec 22, 2023 | ETS, General, Publications, Steel
Update of the EU ETS free allocation rules: Polluting for free during a climate crisis In this joint op-ed, first featured in Carbon Pulse, Sandbag policy officer Aymeric Amand and Carbon Market Watch policy expert Lidia Tamellini examine the revision of the Free...
Dec 6, 2023 | ETS, General, Industry, Publications, Steel
Sandbag and 12 other organisations – representing important environmental NGOs, think tanks and the European recycling industry – have co-signed a letter addressed to Members of the European Parliament and Members of Coreper 1 in response to the European Commission’s...
Sep 25, 2023 | Industry, Publications, Steel
Flat Steel in the Free Allocation Regulation Following the revision of the EU Emissions Trading System (ETS) Directive in April 2023, the European Commission was mandated to review the Free Allocation Regulation, which establishes the methodology that calculates the...
Sep 20, 2023 | General, Hydrogen, Publications
The European Hydrogen Bank Confirms a Blind Support Approach The Commission has recently published the Terms & Conditions (T&C) for the pilot auction of the European Hydrogen Bank (EHB) taking place on the 23rd of November 2023, in an attempt to meet the...
Jul 12, 2023 | Carbon Pricing, CBAM, General, Publications
Feedback on the Draft of the CBAM Implementing Regulation We welcome the Commission’s draft of the CBAM implementing regulation concerning the reporting obligations and provisional methodology for calculating embedded emissions in CBAM goods. However, we have...
Jun 27, 2023 | ETS, Publications
Supply and Demand in the EU ETS: Powering Through the Cap The reform of the EU’s carbon market and the free allocation regulation is now voted on. The deal was wrapped in December 2022 and was barely different from what the Commission had proposed nearly two years ago...