Carbon Market Watch

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Carbon Market Watch Newsroom

EU Court ruling on pollution freebies sends strong message ahead of final emissions trading talks

As the EU Emissions Trading System (EU ETS) negotiations enters their final stages for the European Parliament and EU Member States, a recent decision by the EU’s top court against steel giant ArcelorMittal’s claim for additional free carbon credits should come as an important signal to lawmakers for the post-2020 period. Last month, the European Court of Justice confirmed […] more »

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 talks on aviation’s role in the EU’s Emissions Trading System. Discussing the European Commission’s most recent proposal to continue the exclusion of international flights from the EU ETS, Ms Girling urged colleagues not to let Europe slip back on gains already made to curb the sector’s growing climate impact. more »

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 the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of […] more »

EU carbon market reform deal: Taking stock and moving forward

Last week the European Parliament adopted its position on the revision of the EU’s Emission Trading System (EU ETS) for the 2021-2030 period. Next week, EU environment ministers will try to reach an agreement on the reform deal. Time to take a fresh look at what is on the table, and what is at stake. more »

Getting the G20 to move on fossil fuel subsidies and carbon pricing

The 2015 diplomatic success of the Paris Agreement now seems far away. Today we are faced with a very different geopolitical reality both in general, and especially when it comes to climate policy. Germany is a country Europe both looks to for stability, it also now finds itself in the global limelight in 2017 as it holds the G20 Presidency and will host the COP 23 in Bonn. more »

Planes and ships too must act on climate say EU lawmakers

Last week, the European Parliament adopted its position on the revision of the EU Emissions Trading System (EU ETS). While overall the position falls short of a true reform, the EU lawmakers did decide to include shipping in the EU ETS in the absence of climate action at the global level, and strengthened the rules for the aviation sector. more »

European Commission restricts free pollution permits to carbon-intensive industry

The European Commission last week finalized a decision to reduce the amount of free pollution permits handed out to energy intensive industry for the period up to 2020. This decision comes at a time when the European Parliament and EU ministers are deliberating over how many pollution permits heavy industry should get for free after 2020. more »

Effort Sharing Emissions Calculator: Multiplying climate ambition in the EU

The ESR is a complicated beast and making the numbers easily accessible and digestible is essential to opening the door for widespread engagement with the ESR by citizens, NGOs, and businesses. more »

European Parliament draft reports help unlock low-carbon potential in non-ETS sectors

In 2016, the European Commission presented a legislative proposal to reduce the greenhouse gas emissions from the transport, buildings, agriculture and waste sectors. The Effort Sharing Regulation (ESR) is the EU’s largest climate instrument and regulates about 60% of our total emissions. In recent weeks, rapporteurs from three European Parliament committees presented their visions for moving the legislation forward. more »

Forests must not be used to undermine climate commitments

Forests and land-use remain a contentious issue in climate negotiations, but are an essential part of many countries’ climate pledges. The sector should be used as an additional climate tool, not as an excuse to reduce ambition in others. At the UN climate conference in Marrakesh, discussions on land use remained gridlocked because of the […] more »