News & Press

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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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
By Kelsey Perlman on 29 Mar 2018

Offset restrictions needed to avoid crash landing for the aviation pollution scheme

The future aviation offsetting scheme will end up having little impact on the sector’s soaring emissions unless restrictions are applied on what kind of offset credits airlines can purchase, a new study has found. The study, commissioned by the German government, looked at the scenario where all offset credits from the UN’s Clean Development Mechanism…

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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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News
22 Feb 2018

Carbon Market Watch Newsletter – February 2018

Editorial Europe’s carbon market reform for the next decade is a done deal, but while the EU’s pollution price has increased in recent weeks, prices are well below what’s needed to reach the Paris climate goals. Meaningful and rising carbon floor prices could provide the necessary push to phase out coal and encourage innovation. The Organisation for…

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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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News
26 Jan 2018

Carbon Market Watch Newsletter – January 2018

Editorial Happy 2018, a pivotal year for stepping up climate action The World Economic Forum’s latest Global Risk Report places climate change as the number one threat facing the world in 2018 – a hot topic at this year’s meeting of world leaders in Davos. Our message to the crowds gathered in the Alpine town:…

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