News & Press

Carbon Countdown podcast
By Kaisa Amaral on 29 Jun 2021

How the heavy industry is profiting from the EU carbon market

Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing and climate action Episode 3: How the heavy industry is profiting from the EU carbon market Carbon Market Watch · [Carbon Countdown] EPISODE 3: How the heavy industry is profiting from the EU carbon market Music: Ambient Technology by Joystock…

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Press release
By Kaisa Amaral on 7 Jun 2021

Europe’s industry polluters make €50 billion in carbon market windfall profits

BRUSSELS, 7 June 2021 New analysis shows that the energy-intensive industry across Europe has profited up to €50 billion from 2008 to 2019 as a result of the free allocation of pollution permits under the EU Emissions Trading System (EU ETS). The findings in the report from independent environmental consultancy CE Delft highlight the need…

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Opinion
By Kaisa Amaral on 27 May 2021

Steel, cement and chemicals industries key to the clean transition 

The International Energy Agency outlines a path to a fossil-free future The International Energy Agency calls for an immediate stop to investments in and production of fossil fuels. For heavy industry decarbonisation, the “Net Zero by 2050” report relies too much on unproven technologies like carbon capture and storage. But it nevertheless sends a strong…

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Press release
By Kaisa Amaral on 22 Apr 2021

New 1bn USD initiative raises the bar for forest carbon credits, but risk of abuse remains

A joint reaction by Carbon Market Watch and the Rainforest Foundation Norway to the announcement of a new coalition to finance forestry climate projects BRUSSELS/OSLO 22 April 2021 In the context of the US President Biden’s “Leaders’ Summit”, today, the US, UK and Norway, together with Amazon, announced a 1 billion USD initiative to purchase…

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Opinion
By Daniele Rao, Agnese Ruggiero on 30 Mar 2021

Making the industrial pollution law fit for the EU Green Deal

A recent Carbon Market Watch webinar discussed the upcoming revision of the Industrial Emissions Directive in the framework of the European Green Deal. Achieving the goals of the European Green Deal (EGD) will entail driving down greenhouse gas emissions as well as achieving zero pollution and a non-toxic environment by 2050. The upcoming revisions of…

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Opinion
By Kirsten Sleven on 21 Dec 2020

What can we learn from the Dutch national carbon tax?

Guest article by Kirsten Sleven, Director, WISE As the first country in the world, the Netherlands is about to introduce a carbon tax on industrial pollution. The tax is part of a broader policy package (Dutch Climate Agreement) to stimulate major industrial polluters to ‘decarbonize’ their production processes and was drawn up in consultation with…

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Opinion
By Kaisa Amaral on 25 Nov 2020

What should a carbon border measure look like?

A carbon border adjustment measure can support a clean industrial transition globally if it’s designed properly and fairly. It must replace all current EU pollution handouts and its revenues must be used wisely to drive innovation and to provide climate finance to countries that most need it. The EU Commission is preparing the law to…

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Watch This! - Civil Society Newsletter
By Andrew Coiley / Agnese Ruggiero on 20 Oct 2020

Europe’s new climate pledge: more than a glossy magazine cover?

Interview with Agnese Ruggiero In a ‘normal’ year last month’s big climate announcements by Europe and China would have been a major international talking point, sadly this year is nothing but normal!  First, the EU Commission during the State of the Union speech set out a plan to raise the block’s 2030 GHG reduction target…

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Opinion
By Sabine Frank on 23 Jun 2020

The EU Emission Trading System – carbon pricing as an important tool to achieve the objectives of the Green Deal

First published in ECA Journal 02/2020: Climate Change and Audit By Sabine Frank, Executive Director, Carbon Market Watch In a world that is increasingly feeling the consequences of climate change, the idea of polluters paying for their pollution makes more and more sense. The EU’s Emission Trading System (ETS) reflects exactly that thought and is…

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Opinion
By Kaisa Amaral on 19 Jun 2020

“Conservative” EU carbon market alone will not drive the clean industrial revolution

Carbon Market Watch webinar discussed opportunities and barriers to the decarbonisation of cement and steel sectors Europe will not become climate neutral without decarbonising its heavy industry. Technical solutions to achieve deep emission cuts in sectors such as steel and cement exist, but strengthening the EU carbon market and implementing a smart mix of policy…

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