Press release
Carbon Market Watch agenda – Spring-Summer 2021
Carbon Market Watch agenda outlines our priorities and key political milestones for the next months. Download here
News & Press
Watch This! - Civil Society Newsletter
Swiss/Peru offset link forged in Paris Agreement – Have we seen this all before?
It’s been dubbed a first of its kind – a new offset deal between Switzerland and Peru under the Paris Agreement. But how ground-breaking is this deal? And has there been any real change from the old offset efforts under the Kyoto Protocol of the past? Because of the postponement of COP26 in Glasgow, rules…
Watch This! - Civil Society Newsletter
Watch This 4th Edition 2020
Dear members, friends & colleagues, Welcome to the 4th quarter 2020 edition of the Watch This, a civil society newsletter by Carbon Market Watch. In this edition we look at the damage caused to forest offset projects in California by the recent wildfires and question the validity of these carbon sinks that have quite literally gone up…
Press release
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 While this replaces the outdated 40% goal, the target is not in line with the Paris Agreement[1] and Europe’s historic responsibility to cut emissions.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…
Opinion
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…
Opinion
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…
Opinion
EU Commission waters down carbon market state aid rules to please large polluters
The final EU carbon market state aid rules will ensure massive handouts of taxpayer money to large polluting industries such as oil refineries and plastic producers over the next decade. The EU ETS state aid guidelines for 2021-2030 set the framework for EU countries to compensate their electricity-intensive industries deemed at risk of ‘carbon leakage’…
Opinion
Airlines continue to push against climate policies as EU Commission proposes new rules
Airlines have been hit hard by the pandemic induced economic slowdown and travel restrictions, but are also using the situation as an excuse to lobby even harder against climate regulations. As the EU works on its aviation climate package, it must ensure that – like other transport modes – the sector pays for its pollution…
Opinion
“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…
Opinion
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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