News & Press

Opinion
By Agnese Ruggiero on 20 Jan 2022

How to make the EU’s carbon border tax effective and fair

As the EU steps up its efforts to introduce a Carbon Border Adjustment Mechanism, it is crucial that policymakers design the CBAM to support deep emission reductions while safeguarding the right of less-privileged countries to develop, writes CMW policy officer Agnese Ruggiero. French President Emmanuel Macron aims to prioritise the completion of the Carbon Border…

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Press release
By Khaled Diab on 14 Jan 2022

European Parliament’s proposed carbon market revamp a licence for industry to pollute

The European Parliament’s draft report by MEP Peter Liese on revising the EU’s Emissions Trading System fails to strengthen the scheme’s climate targets while opening up multiple routes to hand out more free emission allowances and offer offsets, enabling heavy industries to profit from their pollution. German Christian Democrat MEP Peter Liese has released his…

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Press release
By Khaled Diab on 17 Dec 2021

EU must stop subsidising polluters with hundreds of billions in free emissions allowances, green groups demand

Even though the European Union’s Emissions Trading System has already issued over €200 billions in free emissions permits, the European Commission is proposing hundreds of billions of euros of additional free allowances for polluting industries. Europe must scrap these pollution subsidies and make polluters pay the true price of their pollution, environmental NGOs urge EU…

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Carbon Market Watch News
By Agnese Ruggiero on 16 Dec 2021

A brief explanation of the Carbon Border Adjustment Mechanism (CBAM)

Our FAQ on the EU’s Carbon Border Adjustment Mechanism (CBAM). This text is also available as a downloadable PDF. What’s the objective of the EU’s CBAM? How will it work in practice? How do CBAM certificates work? Which sectors and emissions are covered by CBAM?           CMW’s view How are embedded emissions…

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Opinion
By Jonathan Crook on 27 Oct 2021

Net-zero illusions: The rise of ‘carbon-neutral’ fossil fuels

Like dry water and hot snow, carbon-neutral fossil fuels are pipe dreams and marketing gimmicks that do nothing to protect the climate, a new Carbon Market Watch investigation reveals. Jonathan Crook investigates. In case you haven’t heard, there’s a new greenwashing trend spreading like wildfire. It consists of oil and gas giants, like Shell, Total,…

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Press release
25 Oct 2021

Net-zero pipe dreams: Carbon-neutral fossil fuel claims amount to greenwashing

A new Carbon Market Watch report thoroughly investigates the growing number of fossil fuels that are being marketed as “carbon neutral” and concludes that they amount to brazen greenwashing. Published ahead of the COP26, the document challenges governments and industry to halt greenwashing practices and commit to binding fossil fuel phaseouts. Today, Carbon Market Watch…

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Opinion
By Wijnand Stoefs on 20 Sep 2021

There is no cheating the atmosphere

Simply throwing public money at misleading climate solutions, such as carbon capture and storage/utilisation, would be a huge mistake. Although books can be cooked, the atmosphere cannot be cheated. Back in June, fifteen Members of the European Parliament sent an open letter to European  Commisson Vice-President Frans Timmermans and Energy Commissioner Kadri Simson, Internal Market Commissioner…

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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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Opinion
By Andrew Marshall on 30 Jun 2021

New EU ETS: time for steel, cement and chemicals to (be)come clean

The EU carbon market has helped drive down carbon pollution from Europe’s power sector but has failed to do the same for heavy industries such as cement, steel and chemicals. A part of the reason is the free allocation of pollution permits, which means that the industry has little incentive to clean up its act….

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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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