Sandbag.org.uk

The Comission's Winter Package governance proposal is overshadowed by doubts about Member State implementation of climate targets (photo by Marius Badstuber, used under Creative Commons license) The European Commission launched a new legislative package...

Sandbag has proposed rebasing the starting level of the cap under Phase 4 of Europe’s Emissions Trading System (EU ETS) to reflect actual emissions in 2020. This is the most appropriate reform option for addressing the immediate imbalance between supply...

The Market Stability Reserve (MSR) in 2020 will contain about 2.2 billion allowances.  The breakdown of this is shown in the chart below under our base case emissions scenario. This amount is largely already known with a high degree of confidence assuming...

Early drafts of the new EU Renewable Energy Directive (RED) suggest carbon capture and utilisation (CCU)-derived fuels could be included within the definition of renewable transport fuels. This change would enable synthetic fuels made from captured fossil...

The surplus in the EU ETS is an old story, but the longer we ignore it, the bigger it grows: Sandbag’s estimate is that by 2020 it will be between 3.9-4.4 billion tonnes including volumes in the MSR. And under current proposals the system will continue...