News & Press

Carbon Market Watch News
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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Opinion
By Agnese Ruggiero, Gilles Dufrasne on 25 Nov 2020

EU carbon market report underlines the need to end pollution handouts

While the EU carbon market is helping to clean up Europe’s power sector, industrial CO2 pollution remained stubbornly high, and that from aviation kept growing in 2019. This is partly due to overly generous handouts of pollution permits. These subsidies must be phased out to incentivise cleaner production and more sustainable transport as the scheme…

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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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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…

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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,…

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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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Opinion
By Gilles Dufrasne on 1 Jul 2020

Airlines’ golden (corona) life jacket makes a mockery of the green recovery

It’s been a rough few months for the aviation sector around the world, as most aircraft have not left the tarmac and major airlines are losing millions every day. But the industry has used the situation very effectively to push governments to weaken climate policies. The same governments are handing out multi-billion euro bailout packages,…

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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…

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