News & Press

Opinion
By Wijnand Stoefs on 28 May 2020

The EU to improve its carbon market rules despite corona – survey

The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market.   First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…

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Opinion
By Kaisa Amaral on 14 May 2020

Lead EU lawmaker’s strong call for climate action

4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the…

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Opinion
By Gilles Dufrasne on 1 Apr 2020

ICAO’s carbon market report offers valuable lessons for Article 6 talks

This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…

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Opinion
By Gilles Dufrasne on 26 Feb 2020

CORSIA: demand, supply and scaremongering

Warnings about a shortage of credits under the future aviation carbon market are unfounded. The upcoming decision on what airlines will be able to buy must, therefore, focus on ensuring that only credits from high-quality projects are eligible. It is crunch time again for the ICAO Council, the UN aviation agency’s decision-making body comprised of…

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Opinion
By Gilles Dufrasne on 20 Jan 2020

International carbon markets at the frontier to the wild west

The failure to agree on rules for international carbon markets at COP 25 has been a victory for some and a disaster for others. Looking at it pragmatically, it was very much a “disaster averted” outcome since the rules on the table would have legitimised the use of markets riddled with loopholes. Far from ideal,…

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Opinion
By Kaisa Amaral on 13 Dec 2019

Do you want to solve the climate crisis – or do you want to cheat?

The article was first published on Carbon Markets at COP25 blog on 12th December 2019 There is a lot at stake in the UN climate conference in Madrid. If countries agree on bad rules for the future global carbon markets, the world will lock in a system that does nothing to reduce emissions – in…

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Opinion
By Kaisa Amaral on 5 Dec 2019

4 reasons why only new, good (!) projects should be funded under Article 6

Originally published in Carbon Markets at COP25 blog on 2 December 2019 Starting today and continuing over the coming days, we’ll break the issue down into four key elements that could make or break the future carbon market schemes. One of the thorniest issues is the question of whether or not the old credits from…

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Opinion
By Kaisa Amaral on 28 Nov 2019

What does flight shame have to do with global carbon markets?

In two parallel global climate processes governments need to finalise details for both international carbon markets under the Paris Agreement and the future aviation offsetting scheme CORSIA. Meanwhile, citizens are losing patience with their leaders that move too slowly in the face of a climate breakdown. Strong action is therefore expected from decision-makers if they…

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Opinion
25 Oct 2019

Carbon taxes globally too low to address the climate crisis – OECD

Governments do not deploy energy and carbon taxes to their full proposal, the latest “Taxing Energy Use” report by the Organization for Economic Co-operation and Development (OECD) finds, urging for higher pollution prices to effectively address the climate crisis.  Pricing high-carbon activities is an effective tool for making polluters pay while encouraging them to switch…

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