Carbon Market Watch

For fair and effective climate protection.

EU Climate Policy

Europe must not backslide on aviation’s climate responsibility

The European Parliament’s environment committee has nominated Julie Girling from conservative group ECR to lead their talks on aviation’s role in the EU’s Emissions Trading System.  Discussing the European Commission’s recent ...

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EU climate policy quiz

EU Climate Policies Quiz Test your knowledge on EU Climate policies, from the EU Emission Trading System (EU ETS) to the Effort Sharing Regulation, by playing our short quiz! Answers available in ...

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We're hiring a Fundraising Officer

Purpose of the position Carbon Market Watch is seeking a Fundraising Officer to help secure funds to implement our ambitious five year work plan on our campaigns related to carbon pricing, ...

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Student Debate: The Carbon Battle

INVITATION - Student Debate @IES Tuesday, 28th March 2017 | 18.30 – 20.30 Rome and Lisbon rooms, Vrije Universiteit Brussel Pleinlaan 5, floor -1 To attend please register here The Institute for European Studies ...

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Policy Brief: Addressing aviation emissions under the EU Emissions Trading System

Executive summary In February 2017, the European Commission presented a legislative proposal regarding coverage of aviation emissions by the EU’s Emissions Trading System (EU ETS). In response to the offsetting agreement ...

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Civil Society Statement on the Reform of European Agricultural Policies: Good Food, Good Farming – Now!

The EU’s Common Agricultural Policy (CAP) has contributed to this broken food and farming system through the promotion of agro-industrial farming methods and global commodity chains. In order to meet ...

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Press Statement: EU countries take a small step to address carbon market oversupply

BRUSSELS 28 February 2017. Today the EU environment ministers adopted their position on the EU Emissions Trading System (EU ETS) revision. While the ministers proposed some improvements to the original ...

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Open letter to EU Environment Ministers on the revision of the EU ETS

Dear Environment Minister, Ahead of the Environment Council we, the undersigned, representing 31 networks and organizations from 30 countries, would like to urge you to ensure that the low-carbon funding mechanisms ...

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The cost of climate inaction in the agricultural sector

This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase ...

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Civil Society Workshop - The road to a low carbon economy: strengthening the connection between local, national and European climate policy

To register, please click here Background: The European Union is currently in the process of renewing its main climate policy tools: the Emissions Trading System (ETS) and the Effort Sharing Regulation (ESR). ...

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2030 Climate and Energy Package  (Analysis here)

Go to our full page here

HIGHLIGHTS

In a nutshell, key highlights of decisions on the 2030 climate and energy framework include:

  1. A binding target to reduce domestic greenhouse gas emissions by at least 40% by 2030, possibly resulting in only 31% effective emission reductions

  2. A possible revision of the EU’s pledge after the climate summit in Paris next year, opening doors for the EU to increase its climate ambition and participate in the international carbon market

  3. Flexibilities to help achieve Member States’ targets for the non-ETS sectors, including offsetting non-ETS emissions with EU ETS allowances

  4. Continuation of free allocation of emission allowances to industry, worth €120-€300 billion

  5. Inclusion of land use, land use change and forestry (LULUCF) into the climate framework

  6. Financial support to the power sector in low-income states, including free allowances to power plants worth up to €11-€16.5 billion and a modernization fund worth €6-€9 billion

Find out more here

2020 Package

The EU decided in 2008 to cut 20% of greenhouse gas emissions from 1990 levels by 2020, together with a 20% renewables target. It stipulated that an increase to a 30 % reduction commitment would depend other developed countries taking on comparably ambitious emission reductions targets and that the economically more advanced developing countries make a contribution commensurate with their respective responsibilities and capabilities.

The EU’s 20 % GHG reduction target for 2020 is implemented through the EU’s Emission Trading Scheme (EU-ETS) and the Effort Sharing Decision (ESD) which defines reduction targets for the non-ETS sectors (e.g. transportation) in each EU Member State.

 

* Most Recent Carbon Market Watch Publications on EU Climate Policy *

Carbon Market Watch Publications on EU Climate Policy

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