News & Press

Press release
By Khaled Diab on 14 Jan 2022

European Parliament’s proposed carbon market revamp a licence for industry to pollute

The European Parliament’s draft report by MEP Peter Liese on revising the EU’s Emissions Trading System fails to strengthen the scheme’s climate targets while opening up multiple routes to hand out more free emission allowances and offer offsets, enabling heavy industries to profit from their pollution. German Christian Democrat MEP Peter Liese has released his…

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Press release
By Khaled Diab on 17 Dec 2021

EU must stop subsidising polluters with hundreds of billions in free emissions allowances, green groups demand

Even though the European Union’s Emissions Trading System has already issued over €200 billions in free emissions permits, the European Commission is proposing hundreds of billions of euros of additional free allowances for polluting industries. Europe must scrap these pollution subsidies and make polluters pay the true price of their pollution, environmental NGOs urge EU…

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Press release
25 Oct 2021

Net-zero pipe dreams: Carbon-neutral fossil fuel claims amount to greenwashing

A new Carbon Market Watch report thoroughly investigates the growing number of fossil fuels that are being marketed as “carbon neutral” and concludes that they amount to brazen greenwashing. Published ahead of the COP26, the document challenges governments and industry to halt greenwashing practices and commit to binding fossil fuel phaseouts. Today, Carbon Market Watch…

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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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Press release
11 Jul 2017

EU lawmakers improve Europe’s aviation pollution rules

11 Jul 2017 BRUSSELS 11 July 2017. Today, the European Parliament’s environment committee voted to include international flights in Europe’s carbon market from 2021 onwards. Lawmakers also took small steps towards making the aviation industry pay more for its massive climate impact. The committee was voting on aviation’s future role under the EU’s Emissions Trading…

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Press release
18 Apr 2017

New study adds urgency to end UN carbon offsetting scheme

Brussels 19 April 2017. The European Commission has released a new study showing major flaws in carbon offsets from the Clean Development Mechanism (CDM). As countries flesh out the rules to implement the Paris Agreement, Carbon Market Watch calls for an end to the scheme, and a shift away from offsetting as a climate policy…

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Press release
3 Feb 2017

EU’s climate reputation bruised as long-haul flight exemption extended

BRUSSELS 3 February 2017. The European Commission has proposed to continue to exempt all flights to and from Europe from paying for their pollution under the EU’s carbon market rules, following an international agreement on aviation emissions. An uncertain global agreement should not be allowed to undermine EU’s climate efforts. The proposal comes after the…

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Press release
22 Apr 2016

EU needs to step up domestic climate efforts to deliver on Paris

Brussels 22 April 2016. Today at least 160 countries – and the EU – gather in New York to sign a landmark climate deal with an ambitious target to limit global warming to 1.5°C above preindustrial levels. On this occasion, 23 organisations urge EU leaders to ensure that Europe’s largest climate instrument will be made coherent with the Paris agreement. Other key areas where the EU needs to deliver are the EU Emissions Trading System, and emissions from aviation.

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