SANDBAG has published its newest report on offsets in the EU: International Offsets and the EU 2009: an update on the usage of compliance offsets in the EU Emissions Trading Scheme – by Rob Elsworth and Bryony Worthington
The report is based on a consolidated database of information about the use of certified emissions reductions (CERs), which were generated by clean development mechanism (CDM) projects, in the EU Emissions Trading System in 2009.
Download Report here
EU environment ministers will soon hammer out their position on the revision of one of the largest and most impactful environmental policies in Europe, the Industrial Emissions Directive. One crucial element seems to have been left out yet again: the regulation of greenhouse gas emissions.
The debate on EU industrial subsidies in the face of the US Inflation Reduction Act and against the backdrop of the Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM) deals raises some uncomfortable questions.
The long process that was meant to transform the EU’s Emissions Trading System into an effective tool for climate action has culminated in a final deal that will not reduce Europe’s industrial carbon footprint rapidly enough to tackle the climate crisis. The reformed EU ETS lavishes freebies on polluting industries and leaves households and taxpayers with the bill.
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
