Our FAQ on the EU’s Carbon Border Adjustment Mechanism (CBAM). This text is also available as a downloadable PDF. What’s the objective of the EU’s CBAM? How will it work in practice? How do CBAM certificates work? Which sectors and emissions are covered by CBAM?
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
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
Simply throwing public money at misleading climate solutions, such as carbon capture and storage/utilisation, would be a huge mistake. Although books can be cooked, the atmosphere cannot be cheated. Back in June, fifteen Members of the European Parliament sent an open letter to European Commisson
Brussels, 14 July 2021 – The European Commission’s proposals to improve the EU Emissions Trading System (ETS) and establish a Carbon Border Adjustment Mechanism (CBAM) are not in line with the Paris Agreement and Europe’s historic responsibility to cut emissions. The legislation initiative keeps
Forestry offsets allow Colombian fossil fuel companies to dodge taxes Colombia has a carbon tax in place, but companies are allowed to buy offsets to avoid paying the tax. Our new investigation finds that two large-scale Amazonian forestry projects have sold carbon credits for
The EU carbon market has helped drive down carbon pollution from Europe’s power sector but has failed to do the same for heavy industries such as cement, steel and chemicals. A part of the reason is the free allocation of pollution permits, which means
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