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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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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Opinion
By Kaisa Amaral on 26 Nov 2020

UN shipping body torpedoes its own climate strategy

As the global efforts to cut CO2 pollution from ships hit the wall, regions and countries must step up. In Europe, work to bring the sector under the bloc’s carbon market is ongoing, but slowing down.  Earlier this month, the UN shipping agency International Maritime Organisation (IMO) approved a draft plan to cut CO2 pollution…

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Press release
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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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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Opinion
By Wijnand Stoefs on 25 Jun 2020

Towards more sustainable and transparent investments?

New European reporting guidelines would make it mandatory for large companies to disclose the climate impact of their activities as well as how they plan to mitigate it. This would bring more clarity for consumers, taxpayers and investors alike on how their money is spent and therefore lead to more sustainable investments.   The European Commission…

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Opinion
By Kaisa Amaral on 24 Jun 2020

More climate action through better planning

This article is a summary of an interview published on the European Commission website 15 June 2020 Stopping the climate crisis will require us to substantially cut carbon emissions across all sectors of the economy, as well as to rapidly transition to a zero-carbon energy mix. To this end, European Union member states need to…

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Opinion
By Kaisa Amaral on 14 May 2020

Lead EU lawmaker’s strong call for climate action

4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the…

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Opinion
By Wijnand Stoefs on 27 Feb 2020

High time the maritime sector sailed into the EU carbon market

The EU is considering putting a price on carbon pollution from ships in the absence of movement in the international talks. While not enough to curb the sector’s soaring emissions, bringing it under Europe’s carbon market would be a big step in the right direction. Right now finding the solutions to cut greenhouse gas (GHG)…

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Opinion
By Sam Van den plas on 22 Nov 2019

Time to steer shipping into the EU carbon market

First published on Euractiv The UN shipping body’s failure to agree on immediate climate measures means the incoming European Commission President, Ursula von der Leyen, must make good of her promise to include the maritime sector under the EU Emissions Trading System (EU ETS). The International Maritime Organisation (IMO) last week once again postponed decisions on concrete…

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