News & Press

Carbon Market Watch News
By Kaisa Amaral on 1 Jul 2021

Carbon Market Watch Newsletter June 2021

Forestry offsets allow Colombian fossil fuel companies to dodge taxes Colombia has a carbon tax in place, but companies are allowed to buy offsets to avoid paying the tax.  Our new investigation finds that two large-scale Amazonian forestry projects have sold carbon credits for way more emission reductions than they have actually achieved. Such “hot…

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Carbon Market Watch News
By Kaisa Amaral on 3 Jun 2021

Carbon Market Watch Newsletter – May 2021

Time to tackle the thorny issues at UN carbon market talks  Next week, UN negotiators continue the talks on the Paris Agreement’s Article 6 which lays the foundation for future global carbon markets. It is the last open element of the so-called Paris Rulebook to implement the global climate deal. Political leaders have failed to…

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Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2021

Carbon Market Watch Newsletter – April 2021

New hope for Europe’s carbon market? The latest EU carbon market data shows a record fall in CO2 emissions. But while the power sector pollution is on a steady decline year after year, for heavy industry, last year’s pandemic-induced drop is likely going to be short-lived. Industrial emissions in Europe have not reduced in the…

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Carbon Market Watch News
By Kaisa Amaral on 25 Mar 2021

Carbon Market Watch Newsletter – March 2021

A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s…

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Carbon Market Watch News
By Kaisa Amaral on 25 Feb 2021

Carbon Market Watch Newsletter – February 2021

Gearing up for the EU carbon market rules revision The deadline for public consultation on the EU carbon market rules review passed earlier this month. A look at the input from industry is revealing. For example, the cement sector wants to be rewarded for using uncertain (taxpayer-funded) carbon capture and storage or utilisation to deal…

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Carbon Market Watch News
By Kaisa Amaral on 29 Jan 2021

Carbon Market Watch Newsletter – January 2021

New Year New Climate Momentum The private-sector task force, led by Mark Carney, has published its roadmap for “scaling up voluntary carbon markets”. More investments in climate action are, of course, more than welcome. But the task force should pay more attention to quality – instead of focusing on quantity. One striking omission in the new…

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Carbon Market Watch News
30 Oct 2020

Carbon Market Watch Newsletter – October 2020

Green Commitment Or Greenwashing? Since last year, Shell has been offering European motorists “carbon neutral” driving and recently Total announced that it is now selling “carbon neutral” liquified natural gas. Are the fossil fuel giants going green? No, we are not talking about electric car charging stations or renewable fuels. Both Shell and Total are…

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Carbon Market Watch News
By Kaisa Amaral on 25 Sep 2020

Carbon Market Watch Newsletter – September 2020

Europe’s renewed climate commitment under scrutiny Dear friends, The European Commission has proposed to strengthen Europe’s 2030 climate target to at least 55%. While a very positive development, the new target nevertheless falls short of what science says is needed for the EU to do its share to keep global warming at safe levels. Critically,…

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Carbon Market Watch News
By Kaisa Amaral on 29 Jun 2020

Carbon Market Watch Newsletter – June 2020

EU Green Deal at the heart of post-corona Europe Dear friends, Our leaders are hoping to clinch a deal in the coming weeks on the EU’s financial recovery package and the multi-annual budget. In September, we expect the European Commission to announce its proposal for an improved 2030 climate target. The science says that Europe…

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Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2020

Carbon Market Watch Newsletter – April 2020

Blank cheque bailouts to polluters are not the way out of the pandemic Dear friends, This week we heard encouraging messages from the Petersberg Climate Dialogue, an annual global meeting of environment and climate ministers. In their video statements (how else?), leaders from across the world vowed to deliver a green recovery. Their message was…

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