Innovation’s Black Friday
Innovation's Black Friday The EU’s Innovation Fund, launched in 2020, is one of the world’s largest programmes funding innovative low-carbon technologies. The fund can cover up to 60% of a project’s costs, mostly upfront with few strings attached. Earlier this month,...
ETS and CBAM should not discourage circularity
ETS and CBAM should not discourage circularity The reform of the European carbon market (ETS, for Emissions Trading Scheme) and related Carbon Border Adjustment Mechanism (CBAM) will define the future of the circular economy for years to come. These two files are in...
Precursors: the products that will eat away at the CBAM’s effectiveness
Precursors: the products that will eat away at the CBAM’s effectiveness The proposed Cross-Border Adjustment Mechanism (CBAM) will charge a fee based on the carbon content of some industrial products imported into the EU (listed in Annex I of the regulation), but that...
Our concerns regarding ETS and CBAM legislative texts
Our concerns regarding ETS and CBAM legislative texts We have strong concerns regarding the legislative texts on the revision of the Emissions Trading Scheme (ETS) and the Carbon Border Adjustment Mechanism (CBAM), presented by the European Commission, Council and...
2nd ETS trilogue: EU institutions agreed on almost nothing, except on perpetuating free allocation for the steel giants
The second ETS trilogue took place last week on October 11th. Tabled proposals on benchmarks regarding the steel…
European Scrap Steel Floats Away Under Carbon Market Incentives
European Scrap Steel Floats Away Under Carbon Market Incentives According to Shipbreaking Platform, a Brussels-based NGO campaigning for the environmental and human rights issues linked to shipbreaking practices, in 2021 alone, 583 ocean-going commercial ships...
RePowerEU financing plan shows how market makes decarbonisation harder
RePowerEU financing plan shows how market makes decarbonisation harder Read Sandbag’s feedback to RePowerEU on the European Commission’s website. We welcome immediate action to reduce Europe’s dependency on Russian fossil fuels in the face of its aggression against...
Starting from scrap: transition to low-carbon steel can go faster with increased use of second-hand metal
New research by Sandbag indicates that a better use of end of life steel objects would help to speed up the reduction of emissions from the sector in Europe…