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EU’s Long Term Strategy offers hope for net-zero carbon future

Today, the EU Commission released its “Long Term Strategy for a Clean Planet For All”, an ambitious plan for Europe to tackle climate change and fulfill its commitment to the Paris Agreement. Carbon Market Watch welcomes the strategy, in particular the EU Commission’s open

Netherlands fits its new price floor

A draft law for the Dutch carbon floor price was recently published, raising the carbon price levied on electricity production to 43 euros by 2030. Carbon Market Watch is a proponent of carbon floor prices that better reflect the social costs of pollution, however

Carbon Market Watch Newsletter – May 2018

Editorial At the recent UN climate talks in Bonn, negotiations on future market provisions largely focused on the process, but key issues will need to be sorted out at the next session in Bangkok before the “Paris rulebook”  can be adopted. It is particularly important to have

Big polluters continue to get a free pass on Europe’s carbon market

Last week, the European Commission published a list of 44 industries, representing 90% of total industry emissions, that will continue to receive their pollution permits for free under Europe’s carbon market rules after 2020. Over-generous hand-out of free pollution permits doesn’t incentivise emission cuts,

EU carbon market

Polluters should pay into the EU budget – but how?

As usual, much attention on the recent EU budget proposal for 2021-2027 has focused on how the money will be spent. But where the funds come from and who will pay for Europe’s carbon-free transition is just as important. The European Commission rightly proposes

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