News & Press

Press release
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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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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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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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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Watch This! - Civil Society Newsletter
By Andrew Coiley on 21 Oct 2020

Watch This! Civil Society Newsletter Q3

Ambitious EU/China climate news muted amid COVID chaos Dear members, friends & colleagues, Welcome to this quarter’s edition of the Watch This, a civil society newsletter by Carbon Market Watch. In this edition we look at some big climate announcements that have struggled to get the recognition they deserve during these increasingly troubling times. In an interview with my…

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Watch This! - Civil Society Newsletter
By Andrew Coiley / Agnese Ruggiero on 20 Oct 2020

Europe’s new climate pledge: more than a glossy magazine cover?

Interview with Agnese Ruggiero In a ‘normal’ year last month’s big climate announcements by Europe and China would have been a major international talking point, sadly this year is nothing but normal!  First, the EU Commission during the State of the Union speech set out a plan to raise the block’s 2030 GHG reduction target…

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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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Press release
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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Press release
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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