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.
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posted by Dave on 19th Sep 2014

Sandbag estimates ETS emissions will fall by 4.4% in 2014, from 1904mt in 2013 to 1820mt in 2014.

This fall is split by 81mt from the power sector (falling 7.0% from 1156mt to 1075mt; see Table 1), and 3mt from the industrial sector (falling 0.4% from 748mt to 745mt).

Sandbag estimates supply of 1709mt to market in 2014, leaving a shortage of 111mt of permits (see Table 2). This means the surplus reduces only 5%, still leaving over 2 billion allowances in the market at the end of 2014, despite the back-loading decision which takes 393mt of supply away from the market in 2014.

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bimh on 20th Sep 2014:
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