Apr 1, 2016 | Carbon Pricing, ETS, Publications
Today preliminary data released on the 12,194 installations in the EU Emissions Trading Scheme (ETS) show 2015 emissions fell again. Stationary emissions were 1802Mt in 2015 (i.e. excluding aviation), down by 0.6% from 1813Mt in 2014. This is exactly as Sandbag...
Mar 22, 2016 | Carbon Pricing, ETS, Financing, Publications
See our newest paper “Sharing the Burden – EU ETS Support to Central and Eastern Europe” for detailed policy solutions regarding low-carbon funds in the EU ETS revision. To anybody that follows the post-Paris developments it’s clear that the debate about European...
Mar 16, 2016 | Construction, Industry, Publications
Sandbag’s new report reveals European climate laws are increasing emissions in the cement sector, whilst multinational cement companies reap huge financial windfalls. The cement sector must be the final Carbon Fatcat; real reform to the Emissions Trading Scheme (ETS)...
Feb 19, 2016 | Carbon Pricing, ETS, Publications
On Thursday 19th February, Sandbag’s Head of Policy Damien Morris gave evidence to the European Parliament’s Environment Committee (ENVI) on fixing the Emissions Trading Scheme. You can watch his opening speech here, or read the speech below. I want to...
Jan 19, 2016 | Carbon Pricing, ETS, Publications
New analysis by Sandbag looks at the 2015 power sector in Europe. The data shows that 2015 saw a record increase in renewables generation, equal to 2.5% of European electricity demand. But despite this, power sector CO2 emissions are expected to fall by only about...
Dec 21, 2015 | Carbon Pricing, ETS, Industry, Publications, Steel
A recent report by the consultancy Ecofys for the European steel association Eurofer suggests steel companies face costs of €28/tonne of steel to comply with ETS obligations by 2030. However, at Sandbag we are sceptical that the proposed revision to the Emissions...
Dec 12, 2015 | Climate Governance
[This blog is adapted from an article published in the Huffington Post on 11.12.2015] Europe is an old economy. We’re industrialised, highly capitalised and largely privatised. To achieve change we need laws and policies in a way that other major...
Oct 21, 2015 | Carbon Pricing, International, Publications
Figures released from the European Environment Agency yesterday indicate that Europe will significantly outperform its 2020 climate target; however, Sandbag finds that the EEA continue to seriously downplay the level of emissions cuts Europe can expect. Moreover, we...
Sep 11, 2015 | CCS, Publications
Last week, Sandbag submitted its response to the Commission’s Consultation on the Circular Economy, drawing attention to the understated potential of Carbon Capture and Storage (CCS) and mineralisation technologies to close the carbon loop and recycle wastes into...
Aug 3, 2015 | Carbon Pricing, ETS, International
As pressure mounts on leaders to reach a new global climate change agreement this December, European policymakers have begun the process of constructing laws that will enforce Europe’s emissions cuts out to 2030. In July, the European Commission released a first major...