News & Press
By Kaisa Amaral on 11 Dec 2020
EU leaders’ 2030 target deal ignores Europe’s climate responsibility
BRUSSELS 11 December 2020. EU leaders have agreed a net 55% emissions reduction goal for 2030. While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions. Relying on forests and land to reach the target also means that in reality, EU…
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By Kaisa Amaral on 27 Nov 2020
Carbon Market Watch Newsletter – November 2020
‘Carbon removals’ must be approached with caution Carbon removals are becoming a hot topic and are also rising up on the EU’s policy-making agenda. There is no denying that we will need to suck CO2 pollution from the atmosphere over the course of this century to avert the worst impacts of the climate crisis. But…
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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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By Kaisa Amaral on 9 Oct 2020
Carbon Market Watch agenda – Autumn 2020
Carbon Market Watch agenda outlines our priorities and key political milestones for the next months. Click here
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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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By Kaisa Amaral on 17 Sep 2020
EU Commission’s climate plan two steps forward, one step back
BRUSSELS 17 September 2020. The European Commission’s 2030 Climate Target Plan reiterates positive elements from the European Green Deal such as strengthening the EU carbon market and reducing free pollution permits to airlines. But the plan to rely on carbon sinks to reach the target waters down the overall ambitious plan and needs to be…
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By Kaisa Amaral on 15 Sep 2020
EU lawmakers support the expansion of Europe’s carbon market to shipping as global talks are adrift
BRUSSELS, 15 September 2020. The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is…
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By Kaisa Amaral on 7 Jul 2020
Shipping pollution should be covered by Europe’s carbon market – EU lawmakers
BRUSSELS, 7 July 2020. European Parliament environment committee members have voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as the first step towards putting a price on…
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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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By Kaisa Amaral on 31 May 2020
Carbon Market Watch Newsletter – May 2020
What kind of future do we want? Dear friends, The coronavirus debate is now very much focused on how to get our economies back on track, as governments ease up on the lockdown measures of recent months. Corporate lobbyists have been very active since the beginning of the turmoil. In our latest edition of the…
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