News & Press
By Kaisa Amaral on 11 Jan 2021
Targets, not markets!
By Kaisa Amaral Why carbon pricing should strengthen, not replace national climate action As part of the EU Green Deal implementation, the European Commission considers scrapping national climate targets and expanding the EU carbon market to road transport and buildings. Doing so would undermine the new climate goals and put an undue burden on consumers…
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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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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 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 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 30 Apr 2020
Airline bailouts set to double to €26bn as countries fail to impose binding green conditions
By Carbon Market Watch, Greenpeace, Transport & Environment BRUSSELS 30 April 2020 Airline polluters are now seeking more than €26 billion in taxpayers’ money – double the amount of just a week ago – according to the European airline bailout tracker compiled by Carbon Market Watch, Greenpeace and Transport & Environment. Governments have agreed €11.5 billion…
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By Kaisa Amaral on 22 Apr 2020
Polluting European airlines seek €12.8 bn (and counting) in bailouts
Updated at 14:20 on 22 April to change TUI Germany to TUI Group Greenpeace, Transport & Environment, and Carbon Market Watch launch airline bailout tracker Brussels, 22 April 2020 – European airlines – some of the European Union’s biggest polluters – have sought an unprecedented €12.8 billion in government bailouts since the beginning of the…
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By Kaisa Amaral on 16 Mar 2020
ICAO decision on aviation carbon market rules a step in the right direction but fails to exclude all junk credits
MONTREAL/BRUSSELS, 14 March 2020. The UN aviation body ICAO’s Council has agreed to recognise carbon offsets from six existing offset programmes for use by airlines under CORSIA, the UN’s new carbon market for aviation. The Council’s 36 member countries also decided to limit the age of credits used as well as the type of projects eligible. However, the total supply of…
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By Kaisa Amaral on 10 Mar 2020
EU industry strategy fails Green Deal test
BRUSSELS 10 March 2020. The European Commission’s new industrial strategy provides a strong narrative on the need to decarbonise Europe’s industrial sector but fails to put forward concrete measures to drive the transformation and address barriers on the road to climate neutrality. Carbon Market Watch calls for a swift adoption of industrial climate policies including…
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