News & Press

Opinion
By Wijnand Stoefs on 29 Oct 2020

EU Commission waters down carbon market state aid rules to please large polluters

The final EU carbon market state aid rules will ensure massive handouts of taxpayer money to large polluting industries such as oil refineries and plastic producers over the next decade.  The EU ETS state aid guidelines for 2021-2030 set the framework for EU countries to compensate their electricity-intensive industries deemed at risk of ‘carbon leakage’…

Read more →

Opinion
28 Oct 2020

“Offsetting must not be a license to continue polluting”

We joined the World Press Clubs Alliance for Climate launch event on Friday 23 October. Watch the interview with Sabine Frank here. Companies and governments are announcing “climate-neutrality” targets, and consumers are being offered ways to offset their carbon footprint. What does this mean in practice? How can we distinguish between real climate action and…

Read more →

Opinion
By Gilles Dufrasne on 22 Oct 2020

Up in smoke – California fires once again highlight dangers of forest offsets 

Companies are increasingly adopting “climate-neutrality” targets, which often include relying on forests to compensate for pollution. After yet another such offset project was swallowed by flames in California, unresolved questions about forest and land offsets resurface. It’s a simple tagline for green marketing campaigns: “Enjoy our product, it’s climate neutral”. While the tagline is simple,…

Read more →

Opinion
By Elisa Martellucci on 7 Jul 2020

What role for national energy and climate plans in the COVID-19 recovery?

The national energy and climate plans can help chart Europe’s way out of the COVID-19 pandemic and into carbon-free societies. This is not the time to weaken them but to make them stronger, while better involving all relevant stakeholders in their development and implementation.  The national energy and climate plans (NECPs) are a key pillar…

Read more →

Opinion
By Wijnand Stoefs on 25 Jun 2020

Towards more sustainable and transparent investments?

New European reporting guidelines would make it mandatory for large companies to disclose the climate impact of their activities as well as how they plan to mitigate it. This would bring more clarity for consumers, taxpayers and investors alike on how their money is spent and therefore lead to more sustainable investments.   The European Commission…

Read more →

Opinion
By Kaisa Amaral on 24 Jun 2020

More climate action through better planning

This article is a summary of an interview published on the European Commission website 15 June 2020 Stopping the climate crisis will require us to substantially cut carbon emissions across all sectors of the economy, as well as to rapidly transition to a zero-carbon energy mix. To this end, European Union member states need to…

Read more →

Opinion
By Sabine Frank on 23 Jun 2020

The EU Emission Trading System – carbon pricing as an important tool to achieve the objectives of the Green Deal

First published in ECA Journal 02/2020: Climate Change and Audit By Sabine Frank, Executive Director, Carbon Market Watch In a world that is increasingly feeling the consequences of climate change, the idea of polluters paying for their pollution makes more and more sense. The EU’s Emission Trading System (ETS) reflects exactly that thought and is…

Read more →

Opinion
By Kaisa Amaral on 19 Jun 2020

“Conservative” EU carbon market alone will not drive the clean industrial revolution

Carbon Market Watch webinar discussed opportunities and barriers to the decarbonisation of cement and steel sectors Europe will not become climate neutral without decarbonising its heavy industry. Technical solutions to achieve deep emission cuts in sectors such as steel and cement exist, but strengthening the EU carbon market and implementing a smart mix of policy…

Read more →

Opinion
By Wijnand Stoefs on 28 May 2020

The EU to improve its carbon market rules despite corona – survey

The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market.   First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…

Read more →