EU carbon market needs an overhaul to deliver Green Deal

by Kaisa AmaralEU carbon marketPosted on Comments are Disabled

MADRID/BRUSSELS 11 December 2019. The European Green Deal, presented today by the EU Commission, must lead to short-term action and a rapid introduction of a 65% emission reduction target for 2030. Carbon Market Watch welcomes the proposals to include the shipping sector under the EU carbon market and to reduce free allocation for the aviation …

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Dodgy carbon market rules risk undermining the Paris Agreement

by Kaisa AmaralGlobal marketsPosted on Comments are Disabled

MADRID 10th December 2019. The UN carbon market talks are at a crossroads in Madrid as ministers take over today. Carbon Market Watch calls on governments to only accept a deal that bans old Kyoto credits, includes rules to avoid double-counting,  and to ensure that markets reduce emissions, and include strong environmental and social safeguards. …

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