Sandbag is a UK based not-for-profit organisation campaigning for environmentally and economically effective climate policies, with a focus on the EU Emissions Trading System (ETS).
Our campaigns are supported by in-house research that monitors the environmental robustness of the ETS, the distribution of allowances, and how key sectors, installations and companies in the scheme are affected.
Through small changes in carbon markets, both in Europe and across the world, billions of tonnes of carbon dioxide can be prevented from entering the atmosphere; with our analysis and lobbying, we can make sure that’s what happens.
Join us in calling for tighter caps on emissions and/or take direct action to cancel carbon permits now.
Legal caps on emissions are in place across Europe. Use our maps to find out who is capped, how many emissions permits they have been given and where they are sourcing their offsets from. Nearly three quarters of installations now have more permits than they need.
This is why we're campaigning for caps to be tightened and for offsetting reforms.
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posted by Damien on 23rd Sep 2014

Sandbag strongly urges all committee members to support the motion objecting to the Commission's proposed carbon leakage list for 2015-2019 in the EU Emissions Trading Scheme. In today's emergency briefing we show how the methodology applied in the Commission's Draft Decision captures too many activities which are not genuinely exposed to carbon leakage. We also demonstrate how this leads to continued over-allocation of free allowances to industry. In light of this, we argue that the Commission should be asked to submit a new decision to the Climate Change Committee using more realistic parameters.

Read the full briefing here (PDF).

The problem centres around the Commission’s draft carbon leakage decision which continues to apply a €30 price forecast for Allowances on the Emissions Trading Scheme, when the Commission’s own Reference Scenario and other analysts surveyed in the Commission’s Impact Assessment expect a price of only €10 in 2020 under current policy. Furthermore, the current actual price of an allowance is just under €6.

UPDATE: The vote was narrowly lost, with 30 supporting Bas Eickhout's amendment, and 34 against.

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