Despite some good elements, the European Commission’s proposed carbon removal strategy leaves the door wide open to offsetting after 2030, which will undermine its ability to reduce emissions, writes Wijnand Stoefs. On 15 December 2021, the European Commission published its Sustainable Carbon Cycles Communication,
Even though the European Union’s Emissions Trading System has already issued over €200 billions in free emissions permits, the European Commission is proposing hundreds of billions of euros of additional free allowances for polluting industries. Europe must scrap these pollution subsidies and make polluters
The European Commission released today its much-anticipated Sustainable Carbon Cycles Communication. The strategy undermines its own goals of reducing atmospheric carbon concentration by allowing companies to use removals to offset their emissions in the future. The strategy sets out a blueprint for how the
The EU must fix its current Emissions Trading System (ETS) before it embarks on the second phase focusing on buildings, writes Elisa Martellucci. This eventual ETS2 must be built, with close stakeholder involvement, on fair and equitable foundations. Anna is a young trainee at
Like dry water and hot snow, carbon-neutral fossil fuels are pipe dreams and marketing gimmicks that do nothing to protect the climate, a new Carbon Market Watch investigation reveals. Jonathan Crook investigates. In case you haven’t heard, there’s a new greenwashing trend spreading like
A new Carbon Market Watch report thoroughly investigates the growing number of fossil fuels that are being marketed as “carbon neutral” and concludes that they amount to brazen greenwashing. Published ahead of the COP26, the document challenges governments and industry to halt greenwashing practices
Some EU governments believe the ‘Fit for 55’ package is too ambitious but, in reality, it is not ambitious enough. More action is needed today because tomorrow will be too late to avoid catastrophic global warming, write Agnese Ruggiero and Andrew Marshall. This week,
The European Emissions Trading System covers almost half of Europe’s climate problem, but it occupies only a fraction of the public mind. We’ve teamed up with a dozen other NGOs in Europe for the Emissions Trading eXtra (ETX) project to shine a floodlight on
A new project led by Carbon Market Watch seeks to empower European civil society to shape the EU’s Emissions Trading System and carbon pricing policies. Carbon Market Watch launched Emissions Trading eXtra (ETX) earlier this month. This new project aims to enhance European climate
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