24 October 2014, Brussels. Today’s decision on a 40% greenhouse gas reduction target by 2030 is contaminated by excess emission allowances from the current system that will water down the real-world reduction to 31%. EU leaders agreed on new trading options that avoid necessary
Scroll down for French and German Brussels, 20 October. This week EU Heads of State are expected to agree on new headline targets for the EU’s 2030 climate and energy framework, including a target to reduce the EU’s greenhouse gas emissions by at least
Brussels – Most EU Member States are virtually abandoning plans to develop new energy and fuel saving policies that could save the public money and reduce dependency on Russian gas thanks to weak European climate targets that are likely to be overshot, according to
Guatemala City -Brussels – In a meeting starting today, the Executive Board of the UN’s Clean Development Mechanism (CDM) will decide on whether to approve the Santa Rita Hydroelectric plant in Guatemala. The Peoples´Council of Tezulutlán and Carbon Market Watch call on the Board
Yesterday, the European Commission released new data on the number and origin of carbon offsets used in 2013 by companies in the EU Emissions Trading Scheme (ETS). Despite new eligibility criteria that took effect in 2013 which should incentivise investments in Least Developed Countries
The number of carbon offsets used in 2013 by companies in the EU Emissions Trading Scheme (ETS) was publicly released today but a dramatic reduction in the data made available was condemned by Sandbag Climate Campaign, the Climate Market & Investment Association (CMIA), and
The European Parliament’s plenary voted to extend the exclusion of intercontinental flights from paying for carbon emissions as part of the EU Emissions Trading System (EU ETS) until 2016.
Today, the Environment and Public Health Committee (ENVI) at the European Parliament voted against a deal that would have extended the derogation for intercontinental flights from the EU Emissions Trading System.
Carbon Market Watch welcomes the European Commission’s proposal to end the EU’s dependency on international offsets in its 2030 climate package but says the failure to address the current oversupply of 2 billion emission permits in the European emissions trading scheme will weaken the
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