News & Press

News
By Kaisa Amaral on 26 Mar 2020

Carbon Market Watch Newsletter – March 2020

Europe’s recovery plans will fall flat unless they drive a green transition Dear friends, Up until only a few weeks ago, the climate emergency topped Europe’s political agenda. The European Commission published its much-awaited EU Climate Law, proposing to make Europe’s climate-neutrality target legally binding. Another key initiative was the launch of the new industrial…

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Opinion
By Sam Van den plas on 26 Mar 2020

When COVID-19 met the EU ETS

The EU carbon market prices are plummeting as a result of the economic shutdown, underlining the need to strengthen the scheme to better sustain similar shocks in the future. No efforts should be spared to stop the spread of the coronavirus pandemic, and it will be critical to ensure that European climate policies are not…

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Press release
By Kaisa Amaral on 16 Mar 2020

ICAO decision on aviation carbon market rules a step in the right direction but fails to exclude all junk credits

MONTREAL/BRUSSELS, 14 March 2020. The UN aviation body ICAO’s Council has agreed to recognise carbon offsets from six existing offset programmes for use by airlines under CORSIA, the UN’s new carbon market for aviation. The Council’s 36 member countries also decided to limit the age of credits used as well as the type of projects eligible. However, the total supply of…

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Press release
By Kaisa Amaral on 10 Mar 2020

EU industry strategy fails Green Deal test

BRUSSELS 10 March 2020. The European Commission’s new industrial strategy provides a strong narrative on the need to decarbonise Europe’s industrial sector but fails to put forward concrete measures to drive the transformation and address barriers on the road to climate neutrality. Carbon Market Watch calls for a swift adoption of industrial climate policies including…

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Opinion
By Kaisa Amaral on 9 Mar 2020

What does the EU Climate Law have to do with cement?

Committing to climate neutrality in the long term sends an important signal, but getting there needs short-term climate action and will not happen without cleaning up Europe’s heavy industry.  The European Green Deal was unveiled by the European Commission led by Ursula von der Leyen in December 2019. It is the new Commission’s master plan…

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Carbon Countdown podcast
By Kaisa Amaral on 6 Mar 2020

Why the Green Deal needs a strong industrial climate plan

Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing, climate action and just transition Episode 1: Why the Green Deal needs a strong industrial climate plan Music: Ambient Technology by Joystock – https://www.joystock.org What are we talking about today? We discuss the upcoming EU industrial strategy, in which the…

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Opinion
By Wijnand Stoefs on 27 Feb 2020

High time the maritime sector sailed into the EU carbon market

The EU is considering putting a price on carbon pollution from ships in the absence of movement in the international talks. While not enough to curb the sector’s soaring emissions, bringing it under Europe’s carbon market would be a big step in the right direction. Right now finding the solutions to cut greenhouse gas (GHG)…

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Opinion
By Wijnand Stoefs on 23 Jan 2020

EU starts taking just transition seriously

The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens the case for raising the EU’s 2030 climate target to 65%….

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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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