On the 14th March Sandbag gave evidence at the House of Lords EU Energy and Environment Sub-Committee
Sandbag spoke in favour of a regional carbon price at the French government event last week
Today, the EU Council has finally endorsed the ETS reform, the final stage before it becomes law – but already, further reform is being discussed.
This week, MEPs can vote to put a 550g emissions limit on capacity payments, and avoid supercharging coal
Analysis by Sandbag.
The ETS carbon price hit €9 today – But our model shows the persistent surplus will act as a brake on major increases
The moment when 196 countries signed on to this Agreement and the ratification threshold was met in 2016, the Requiem for inappropriately low carbon prices started playing in the background.