News & Press

Press release
14 Jul 2021

European carbon market does not move with the climate urgency of our times

Brussels, 14 July 2021 – The European Commission’s proposals to improve the EU Emissions Trading System (ETS) and establish a Carbon Border Adjustment Mechanism (CBAM) are not in line with the Paris Agreement and Europe’s historic responsibility to cut emissions. The legislation initiative keeps neglecting the “polluter pays” principle of the EU Treaties and continues…

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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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Press release
By Kaisa Amaral on 11 Dec 2020

EU leaders’ 2030 target deal ignores Europe’s climate responsibility

BRUSSELS 11 December 2020. EU leaders have agreed a net 55% emissions reduction goal for 2030. While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions. Relying on forests and land to reach the target also means that in reality, EU…

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Carbon Countdown podcast
By Kaisa Amaral on 25 May 2020

Corporate climate lobbying in times of corona

Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing, climate action and just transition Episode 2: Corporate climate lobbying in times of corona Carbon Market Watch · [Carbon Countdown] EPISODE 2: Corporate climate lobbying in the times of corona Music: Ambient Technology by Joystock – https://www.joystock.org The Covid-19 debate…

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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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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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Press release
By Kaisa Amaral on 4 Mar 2020

Climate Law improves oversight over EU Member States’ climate policy planning

BRUSSELS 4 March 2020. The EU national energy and climate plans (NECPs) will become a key tool to monitor countries’ progress towards climate neutrality by 2050. PlanUp urges the Commission to strengthen the process and ensure effective coordination with the Member States to exploit the full potential of the NECPs.  Today, the European Commission unveiled…

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Press release
By Kaisa Amaral on 11 Dec 2019

EU carbon market needs an overhaul to deliver Green Deal

MADRID/BRUSSELS 11 December 2019. The European Green Deal, presented today by the EU Commission, must lead to short-term action and a rapid introduction of a 65% emission reduction target for 2030. Carbon Market Watch welcomes the proposals to include the shipping sector under the EU carbon market and to reduce free allocation for the aviation…

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Press release
19 Sep 2019

Over 2 billion surplus pollution permits could flood Europe’s carbon market by 2030 – analysis

BRUSSELS 20 September 2019. The EU carbon market is currently unfit to accommodate national coal phase-outs scheduled in  Europe. EU policymakers should combine coal plant closures with the cancellation of pollution permits and strengthen the market stability reserve to absorb more surplus pollution permits off the market. Failing this, the market will be flooded with…

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