Carbon Market Watch

Scrutinising carbon markets & advocating fair, effective climate protection

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  • Policy Brief: Fossil fuel subsidies from Europe’s carbon market
    Executive summary Under the EU Emissions Trading System (EU ETS) the power sector no longer receives allowances for free but is required to purchase them from auctioning. An exception is made through the so called Article 10c of the EU ETS Directive. This provision allows lower-income Member States from Central and Eastern… ... read more
    Source: CMWPublished on 2016-04-26
  • Putting a price on pollution in Europe’s largest climate instrument
    The polluter-pays principle is supposed to promote less polluting habits, including greenhouse gas emission reductions. However, carbon pricing cannot deliver its intended results by itself. To fully exploit its potential to speed up the decarbonisation of Europe, carbon pricing must be framed in an overall supportive policy context. The… ... read more
    Source: CMWPublished on 2016-04-13
  • Global Aviation Dialogues: crucial elements omitted from latest MBM draft proposal
    The International Civil Aviation Organization (ICAO) organized five Global Aviation Dialogues (GLADs) around the world to discuss the latest draft proposal on a market based measure to curb emissions from international aviation. The dialogues came to a close on 8 April, but there are already worrying signs that important elements… ... read more
    Source: CMWPublished on 2016-04-11
  • Watch This! NGO Newsletter #14: Barro Blanco – construction nears completion without agreement with affected stakeholders
    In February, 2015, the Panamanian government suspended construction of the Barro Blanco hydro dam after recognising the absence of agreement with affected stakeholders. One year later, the suspension has been lifted and the construction is close to completion. However, no dialogue or agreement with the affected local communities is within… ... read more
    Source: CMWPublished on 2016-04-04
  • Green Climate Fund under pressure after accrediting contested banks
    Despite strong opposition from the civil society, the Green Climate Fund (GCF) board last week accredited two entities – HSBC and Crédit Agricole – that have been contested for money laundering, investment in fossil fuel and poor protection of human and environmental rights. This unveils a double standard in accountability when accrediting… ... read more
    Source: CMWPublished on 2016-03-16
  • Policy brief: Industry windfall profits from Europe’s carbon market
    HOW ENERGY-INTENSIVE COMPANIES CASHED IN ON THEIR POLLUTION AT TAXPAYERS’ EXPENSE Executive summary This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in 19 European countries have massively profited from their pollution because they are deemed to be at risk of “carbon leakage”.… ... read more
    Source: CMWPublished on 2016-03-14