Commission waters down flagship climate policy to appease big polluters
Launched during a summer of fossil-fuelled climate breakdown marked by heatwaves and wildfires, the European Commission’s carbon market revision backtracks on climate action. The new proposal actively weakens the effectiveness of Europe’s flagship climate policy, and risks undermining the achievement of the EU’s 2040 and 2050 climate targets.
Why some steelmakers are trying to weaken the EU ETS
EU policymakers should not fall for this trap: the ETS is essential for EU companies planning to invest in a cleaner industrial future.
€85bn delayed: 19 EU countries still haven’t filed their social climate plans a year on
A civil society coalition launches public ‘Leave fossil fuels behind, not people!’ petition and demands member state action on the first anniversary of missed deadline to apply for Social Climate Fund financing
Bonn chance: UN carbon markets enter implementation phase on shaky foundations ahead of COP31
The champions of Article 6 carbon markets used the opportunity of the Bonn climate conference to push, ahead of COP31, for a “learning by doing”
Expanding EU carbon market for aviation would barely affect ticket prices, study finds, but would raise billions for climate action.
To sate their voracious appetite for greenwashing offsets, major fossil fuel companies have invested considerable resources and effort to lobby, both directly and indirectly, to weaken carbon market federal regulations in the United States and state regulations in California, concludes a new Carbon Market Watch investigation.
Oil Spill 2: Fossil fuel interests pollute US carbon market rules
To sate their voracious appetite for greenwashing offsets, major fossil fuel companies have invested considerable resources and effort to lobby, both directly and indirectly, to weaken carbon market federal regulations in the United States and state regulations in California, concludes a new Carbon Market Watch investigation.
