News & Press

Opinion
By Kaisa Amaral, Sam Van den plas on 25 Feb 2021

Harder, Better, Faster, Stronger [1]

Two key elements to get right in the EU carbon market review The upcoming revision of the EU carbon market rules is an opportunity to ensure that industries covered by it cut their pollution in line with the EU Green Deal objectives and the Paris Climate Agreement. Agreeing on a faster pace at which emissions…

Read more →

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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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…

Read more →

Opinion
By Kaisa Amaral on 26 Nov 2020

UN shipping body torpedoes its own climate strategy

As the global efforts to cut CO2 pollution from ships hit the wall, regions and countries must step up. In Europe, work to bring the sector under the bloc’s carbon market is ongoing, but slowing down.  Earlier this month, the UN shipping agency International Maritime Organisation (IMO) approved a draft plan to cut CO2 pollution…

Read more →

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
By Wijnand Stoefs on 29 Oct 2020

EU Commission waters down carbon market state aid rules to please large polluters

The final EU carbon market state aid rules will ensure massive handouts of taxpayer money to large polluting industries such as oil refineries and plastic producers over the next decade.  The EU ETS state aid guidelines for 2021-2030 set the framework for EU countries to compensate their electricity-intensive industries deemed at risk of ‘carbon leakage’…

Read more →

Press release
By Kaisa Amaral on 15 Sep 2020

EU lawmakers support the expansion of Europe’s carbon market to shipping as global talks are adrift 

BRUSSELS, 15 September 2020. The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is…

Read more →