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Emissions in Europe’s carbon market reach 2020 target six years early

Apr 1, 2015 | Carbon Pricing, ETS, Publications

EU figures published today show domestic greenhouse gas emissions in Europe’s emissions trading scheme fell by 4.9% taking them below their official climate target for 2020. download PDF

The Eternal Surplus of the Spineless Market

Mar 12, 2015 | Carbon Pricing, ETS, Publications

New analysis from Sandbag shows that even with a strong Market Stability Reserve (MSR), the Emissions Trading Scheme (ETS) surplus will stay at about two billion tonnes until 2020. This will mean, contrary to some other analysts predictions, a tonne of carbon...

Parliament makes landmark decision on fixing Europe’s carbon market

Feb 24, 2015 | Carbon Pricing, ETS, Publications

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 | Carbon Pricing, ETS, Publications

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 | General, Publications

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 | Carbon Pricing, ETS, Publications

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 | Carbon Pricing, ETS, Publications

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...

European Parliament gives cautious first welcome to carbon market reform

Dec 2, 2014 | Carbon Pricing, ETS, Publications

How the political groups are aligned: An overview of ITRE committee amendments to the Market Stability Reserve proposal An overview of the amendments tabled in the ITRE committee,[1] often a difficult venue for environmental concerns, reveals that the need for some...
Is Europe's new climate target a walk in the park?

Is Europe's new climate target a walk in the park?

Oct 28, 2014 | Carbon Pricing, ETS, Publications

Sandbag responds to the Environment Agency’s 2014 Trends and Projections report. Challenging the limited emissions reductions the Agency expects until 2020 and warning that spare carbon allowances amassed in the EU ETS risk scuppering the 2030 climate target...

Annual ETS Report Launch: “Carbon Fatcats” feast on ballooning EU emissions rights

Oct 15, 2014 | Carbon Pricing, ETS

Despite radical changes introduced to the European carbon market in 2013, our new report today reveals that hundreds of millions of excess carbon allowances continue to be issued, with a disproportionate share of these being awarded for free to Europe’s “Carbon...
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