News & Press

Opinion
By Agnese Ruggiero, Gilles Dufrasne on 25 Nov 2020

EU carbon market report underlines the need to end pollution handouts

While the EU carbon market is helping to clean up Europe’s power sector, industrial CO2 pollution remained stubbornly high, and that from aviation kept growing in 2019. This is partly due to overly generous handouts of pollution permits. These subsidies must be phased out to incentivise cleaner production and more sustainable transport as the scheme…

Read more →

Opinion
28 Oct 2020

“Offsetting must not be a license to continue polluting”

We joined the World Press Clubs Alliance for Climate launch event on Friday 23 October. Watch the interview with Sabine Frank here. Companies and governments are announcing “climate-neutrality” targets, and consumers are being offered ways to offset their carbon footprint. What does this mean in practice? How can we distinguish between real climate action and…

Read more →

Opinion
By Gilles Dufrasne on 1 Jul 2020

Airlines’ golden (corona) life jacket makes a mockery of the green recovery

It’s been a rough few months for the aviation sector around the world, as most aircraft have not left the tarmac and major airlines are losing millions every day. But the industry has used the situation very effectively to push governments to weaken climate policies. The same governments are handing out multi-billion euro bailout packages,…

Read more →

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…

Read more →

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…

Read more →

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…

Read more →

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…

Read more →

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…

Read more →

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,…

Read more →