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…
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…
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…
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…
Governments do not deploy energy and carbon taxes to their full proposal, the latest “Taxing Energy Use” report by the Organization for Economic Co-operation and Development (OECD) finds, urging for higher pollution prices to effectively address the climate crisis. Pricing high-carbon activities is an effective tool for making polluters pay while encouraging them to switch…
Editorial Dear partners, dear friends, Welcome to the 20th edition of our Watch This! Newsletter. In this edition, we introduce two of Carbon Market Watch’s new working topics: international shipping emissions and carbon pricing. On both issues, the involvement of the network will be key, as a vital counterweight to the interests of emitting industries….
18 Jul 2017 Editorial Dear partners, dear friends, It is my pleasure to bring you the latest edition of the Watch This newsletter! This issue will give you the latest on the international climate negotiations. Our first article comes back on the latest UNFCCC intersession, which took place last May in Bonn, focusing specifically…
This article was first published on Green Air Online on 11 July 2017 Wed 12 July 2017 – Yesterday, the European Parliament’s environment committee (ENVI) voted on how the aviation sector should be treated under the EU’s Emissions Trading System (EU ETS), in response to a decision by the International Civil Aviation Organization (ICAO) to set…
A discussion is picking up steam in Europe about ambition in addressing aviation emissions after the International Civil Aviation Organisation (ICAO) created a global offsetting scheme last fall. Citing the ICAO measure, airlines have now set about trying to weaken the EU Emissions Trading Scheme (EU ETS). Though still oversupplied, the EU ETS goes further…
Editorial Dear partners, colleagues, allies, On the occasion of this first 2017 Watch This Edition, we would like to consult you. The years to come will be critical to determine if carbon markets actually contribute to the fight against climate change and to the transition towards a low carbon economy. Here at Carbon Market Watch,…
Kaisa Amaral, Communications Director
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