We need to talk about the MSR

We need to talk about the MSR

The Market Stability Reserve (MSR) in 2020 will contain about 2.2 billion allowances.  The breakdown of this is shown in the chart below under our base case emissions scenario. This amount is largely already known with a high degree of confidence assuming that...
CCU-fuels are not renewable

CCU-fuels are not renewable

 30th NOVEMBER UPDATE The Commission published its proposals for the Renewable Energy Directive today as part of the EU’s Winter Package. You can read them here. Disappointingly, a loophole that allows non-renewable CCU-fuels to contribute to the EU renewables...
Post-truth politics: The EU carbon market

Post-truth politics: The EU carbon market

The surplus in the EU ETS is an old story, but the longer we ignore it, the bigger it grows: Sandbag’s estimate is that by 2020 it will be between 3.9-4.4 billion tonnes including volumes in the MSR. And under current proposals the system will continue adding to the...