EU governments breach citizens’ right to information on international aviation climate policy Dear friends, As I write this at the UN Climate Change Conference, Bonn, along with the rest of Western Europe, is sweltering in the scorching heat, an uncomfortable foretaste of what an ever-warming climate has in store for us. I can only hope that…
A strong and clear political climate commitment leading to the right policies and measures will help Europe’s industry thrive in a zero-carbon world. Last week, a veto by the Polish, Czech, Estonian and Hungarian governments led to the failure of the long-awaited endorsement of the EU’s long-term climate strategy and commitment to climate neutrality by…
This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating table are willing to walk the talk. “We can no longer…
Voters put climate crisis firmly on EU agenda Dear friends, I am delighted to share with you a revamped Carbon Market Watch News. I hope you enjoy the new look, and easily find content that most interests you. I also look forward to receiving any feedback or suggestions! Last weekend, EU citizens turned up at the…
Last weekend’s European Parliament elections made it clear that climate change will be high on the agenda of the incoming EU policymakers. Different forms of carbon taxes will be among the key climate topics. Last weekend, Europeans cast their vote in record numbers, with an overall turnout at the EU Parliament elections rising to…
After over a decade of testing carbon pricing schemes, countries should explore lessons learned and start working on a collective implementation of carbon pricing through the Paris agreement. A new report from the International Monetary Fund (IMF) supports price floors for carbon markets and suggests that the Paris agreement should constitute a basis for starting…
First published on Euractiv on 2 May 2019 Latest data shows that the market-based solution alone is not enough to cut carbon pollution from heavy industry in line with the Paris Agreement goals. A new industrial policy mix is needed to ensure Europe is on a pathway to net-zero carbon emissions by 2040, writes Agnese Ruggiero….
Recently, the oil giant Shell has made headlines following its announcement that it would invest $300 million in tree planting projects and offer its clients a chance to buy forestry offsets to achieve “carbon neutral driving”. Sounds good? In reality, this approach is problematic for various reasons. Shell declared that it would invest $300 million…
First published on Carbon Pulse on 24 April 2019 The Canadian industry associations’ claims about the negative impact of carbon pricing on jobs and competitiveness are exaggerated and lack empirical evidence. Pollution pricing incentivizes companies to innovate, which will be necessary to guarantee their competitiveness in the long-term. Six months before the Canadian federal election,…
A Luxembourg court has confirmed that its government can reclaim free pollution permits that were given to steelmaker ArcelorMittal to cover emissions at a closed plant under the EU Emission Trading System. While the big polluters cling on to the very profitable free allocation under Europe’s carbon market, solutions exist that would set the industry…
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