News & Press

Opinion
By Gilles Dufrasne on 7 Jun 2018

It’s time for rich countries to stop wasting money on fossil fuels

For almost a decade, the world’s most powerful economies have been making promises to stop channeling public money for fossil fuels that pollute our air and drive dangerous climate change, with little impact so far. This weekend’s G7 meeting in Canada is an opportunity to move from words to action. Expect intense discussions on a…

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News
By Femke de Jong on 22 May 2018

Big polluters continue to get a free pass on Europe’s carbon market

Last week, the European Commission published a list of 44 industries, representing 90% of total industry emissions, that will continue to receive their pollution permits for free under Europe’s carbon market rules after 2020. Over-generous hand-out of free pollution permits doesn’t incentivise emission cuts, and policymakers will need to find other ways to put industry…

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Opinion
By Femke de Jong on 7 May 2018

Polluters should pay into the EU budget – but how?

As usual, much attention on the recent EU budget proposal for 2021-2027 has focused on how the money will be spent. But where the funds come from and who will pay for Europe’s carbon-free transition is just as important. The European Commission rightly proposes that polluters also contribute to the future EU budget, but how…

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News
By Gilles Dufrasne, Kelsey Perlman on 26 Apr 2018

UN carbon markets – what to expect from Bonn?

On Earth Day 22 April 2016, world leaders were in New York to sign the Paris Climate Change Agreement. Two years on, governments are working on the rulebook to put the historic deal into practice. Ahead of the Bonn Climate Change Conference, we take a look at the Paris Agreement market provisions and lay out…

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News
By Femke de Jong on 26 Apr 2018

Head of IMF urges countries to adopt higher carbon prices

Polluting cannot be as cheap as it is today – was the message from ministers, business executives and civil society leaders who came together at the third high-level annual assembly of the Carbon Pricing Leadership Coalition (CPLC) last week. Carbon Market Watch will join the CPLC’s steering committee to advance NGO engagement and help ensure…

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News
28 Mar 2018

Carbonkiller buys out the bubble!

Carbonkiller is an initiative by the Dutch environmental organisation WISE that allows anyone to buy and destroy emission permits from the massively oversupplied European carbon market with the aim to raise the price and to increase public engagement in one of Europe’s key climate tools. The EU’s Emissions Trading System (EU ETS) is Europe’s key…

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News
By Femke de Jong on 14 Mar 2018

Ending the era of cheap pollution in Europe?

Last week, at a conference organised by the French government, six EU countries discussed the possibility of introducing a minimum price to pollute. Although prices under the EU’s carbon market have lately risen above 10 Euros for the first time since 2011, they are still barely a third of what is needed to reach the…

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Opinion
By Femke de Jong, Kaisa Amaral on 22 Feb 2018

European heavy industry can no longer dodge climate action

European manufacturing sector needs an urgent transformation in order to dramatically reduce its emissions and do its part to fight climate change. How can we guarantee a prosperous, climate-friendly European industrial base that provides jobs and brings societal benefits? This week is EU Industry Week, with the future of European manufacturing sector topping the agenda…

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News
By Femke de Jong, Gilles Dufrasne on 16 Feb 2018

OECD: Governments must boost carbon pricing to address climate change

The Organisation for Economic Co-operation and Development (OECD) says that taxes in major economies are far below the cost of pollution from the use of fossil fuels on climate and the environment, urging governments to do more to make polluters pay. A lax tax Taxes on high-carbon activities can trigger catalytic shifts towards low-carbon societies…

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