News & Press

Press release
27 Apr 2021

Shipping industry U-turn on carbon pricing long overdue

27 April 2021 – The shipping industry’s leading global lobby group the International Chamber of Shipping (ICS) last week ended its years-long opposition to carbon pricing.  It is imperative now that ICS and other sponsors should withdraw their IMRB proposal to allow time for discussion on carbon pricing, and support the far more serious and…

Read more →

Action
By Kaisa Amaral on 11 Jan 2021

Targets, not markets!

By Kaisa Amaral Why carbon pricing should strengthen, not replace national climate action As part of the EU Green Deal implementation, the European Commission considers scrapping national climate targets and expanding the EU carbon market to road transport and buildings. Doing so would undermine the new climate goals and put an undue burden on consumers…

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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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

Press release
By Kaisa Amaral on 17 Sep 2020

EU Commission’s climate plan two steps forward, one step back

BRUSSELS 17 September 2020. The European Commission’s 2030 Climate Target Plan reiterates positive elements from the European Green Deal such as strengthening the EU carbon market and reducing free pollution permits to airlines. But the plan to rely on carbon sinks to reach the target waters down the overall ambitious plan and needs to be…

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 →

Press release
By Kaisa Amaral on 7 Jul 2020

Shipping pollution should be covered by Europe’s carbon market – EU lawmakers

BRUSSELS, 7 July 2020.  European Parliament environment committee members have 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 the first step towards putting a price on…

Read more →

Press release
13 Oct 2017

EU governments miss chance to align key climate law with Paris Agreement

BRUSSELS 13 OCTOBER 2017. Today, the EU environment ministers adopted their position on the Effort Sharing Regulation (ESR) which covers emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. As the EU’s largest climate tool, the ESR is key to implementing the Paris Agreement in Europe. Loopholes adopted today by the…

Read more →

Press release
14 Jun 2017

European Parliament improves key climate law but fails to close all loopholes

STRASBOURG 14 June 2017. Today, the European Parliament voted on the Effort Sharing Regulation which covers the emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. While strengthening the EU’s largest climate tool, the Parliament position leaves loopholes in the draft law that risk postponing emission reductions in these sectors. The…

Read more →