News & Press

Press release
By Kaisa Amaral on 7 Jun 2021

Europe’s industry polluters make €50 billion in carbon market windfall profits

BRUSSELS, 7 June 2021 New analysis shows that the energy-intensive industry across Europe has profited up to €50 billion from 2008 to 2019 as a result of the free allocation of pollution permits under the EU Emissions Trading System (EU ETS). The findings in the report from independent environmental consultancy CE Delft highlight the need…

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Carbon Market Watch News
By Kaisa Amaral on 3 Jun 2021

Carbon Market Watch Newsletter – May 2021

Subscribe to our mailing list here Time to tackle the thorny issues at UN carbon market talks  Next week, UN negotiators continue the talks on the Paris Agreement’s Article 6 which lays the foundation for future global carbon markets. It is the last open element of the so-called Paris Rulebook to implement the global climate deal….

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Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2021

Carbon Market Watch Newsletter – April 2021

Subscribe to our mailing list here New hope for Europe’s carbon market? The latest EU carbon market data shows a record fall in CO2 emissions. But while the power sector pollution is on a steady decline year after year, for heavy industry, last year’s pandemic-induced drop is likely going to be short-lived. Industrial emissions in…

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Press release
By Kaisa Amaral on 22 Apr 2021

New 1bn USD initiative raises the bar for forest carbon credits, but risk of abuse remains

A joint reaction by Carbon Market Watch and the Rainforest Foundation Norway to the announcement of a new coalition to finance forestry climate projects BRUSSELS/OSLO 22 April 2021 In the context of the US President Biden’s “Leaders’ Summit”, today, the US, UK and Norway, together with Amazon, announced a 1 billion USD initiative to purchase…

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Press release
29 Mar 2021

Lufthansa, BA, Air France were Europe’s most polluting airlines pre-Covid

Joint press release by Carbon Market Watch and Transport&Environment BRUSSELS 29 March 2021. Three of the biggest recipients of airline bailouts – Lufthansa, British Airways and Air France – were the three biggest European airline emitters before the pandemic grounded flights, official data shows.[1] It is the first time ever that the total emissions of…

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Carbon Market Watch News
By Kaisa Amaral on 25 Mar 2021

Carbon Market Watch Newsletter – March 2021

A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s…

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Carbon Market Watch News
By Kaisa Amaral on 25 Feb 2021

Carbon Market Watch Newsletter – February 2021

Gearing up for the EU carbon market rules revision The deadline for public consultation on the EU carbon market rules review passed earlier this month. A look at the input from industry is revealing. For example, the cement sector wants to be rewarded for using uncertain (taxpayer-funded) carbon capture and storage or utilisation to deal…

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Carbon Market Watch News
By Kaisa Amaral on 29 Jan 2021

Carbon Market Watch Newsletter – January 2021

New Year New Climate Momentum The private-sector task force, led by Mark Carney, has published its roadmap for “scaling up voluntary carbon markets”. More investments in climate action are, of course, more than welcome. But the task force should pay more attention to quality – instead of focusing on quantity. One striking omission in the new…

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Press release
By Kaisa Amaral on 27 Jan 2021

Private sector carbon market report evokes more concern than hope

Carbon Market Watch’s reaction to the publication of the report by the task force on scaling up voluntary carbon markets BRUSSELS 27 January 2021 The report of the “Taskforce on Scaling Voluntary Carbon Markets” proposes the creation of updated quality criteria for carbon offsets and standardised reporting requirements but also leaves the door open for…

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