Carbon Limbo
Brexit has frozen UK participation in the ETS – we estimate that the UK government will forgo at least €1.3 billion in auction revenue this year
NEW DATA: EU ETS emissions fall 4% as wind & solar replace coal generation
Hard coal emissions fell by 9% in 2018, down 40% since 2012.
Lignite emissions fell only 3% in 2018, and are now higher than hard coal emissions.
Halfway There
Existing policies put Europe on track for emission cuts of at least 50% by 2030
The European Power Sector in 2018
Up-to-date analysis on the electricity transition from Sandbag and Agora Energiewende
ETS & Brexit: The Budget answers some questions but poses others
There are many questions to be answered to pass the ‘Bridge of Death’ and avoid the ‘Gorge of Eternal Climate Peril’ in the event of a no-deal Brexit
New Wind & Solar now competes even with existing Coal & Gas
Today, the European carbon price hit 20 Euros. Our analysis shows rising carbon, coal and gas prices mean that for the first time new onshore wind and solar can compete with the short-term costs of generating electricity from existing coal and gas plants.