First published on Euractiv on 2 May 2019 Latest data shows that the market-based solution alone is not enough to cut carbon pollution from heavy industry in line with the Paris Agreement goals. A new industrial policy mix is needed to ensure Europe is on a pathway to net-zero carbon emissions by 2040, writes Agnese Ruggiero….
BRUSSELS, 8 May 2019. A new analysis of five draft EU energy and climate plans reveals a lack of climate commitment by governments in terms of ambition, concrete sectoral measures and public participation. Tomorrow, EU leaders are meeting in Sibiu, Romania to discuss the Future of Europe, amid youth climate protests across Europe, rising…
Recently, the oil giant Shell has made headlines following its announcement that it would invest $300 million in tree planting projects and offer its clients a chance to buy forestry offsets to achieve “carbon neutral driving”. Sounds good? In reality, this approach is problematic for various reasons. Shell declared that it would invest $300 million…
First published on Carbon Pulse on 24 April 2019 The Canadian industry associations’ claims about the negative impact of carbon pricing on jobs and competitiveness are exaggerated and lack empirical evidence. Pollution pricing incentivizes companies to innovate, which will be necessary to guarantee their competitiveness in the long-term. Six months before the Canadian federal election,…
The EU is on track to meet its 2020 greenhouse gas emissions reduction target but needs to increase efforts in energy efficiency and renewables, according to the European Commission’s latest State of the Energy Union report. All three components are needed if the EU is to meet its 2030 climate targets. Today, the European Commission…
Starting: September 2019 Position Background Carbon Market Watch is recruiting a dynamic intern (paid) for a 6 month position (Sept – Feb 2020) in our Brussels’ office. The intern will report to the officer in charge and will support the advocacy and communication activities for the organisation. We offer A challenging and exciting experience with…
The aviation sector must not escape an effective tax on its emissions “A great, great deal has been said about the weather, but very little has ever been done” – Marc Twain On Friday 15th of March, Carbon Market Watch took to the streets with more than 30,000 people as part of the Fridays for…
A Luxembourg court has confirmed that its government can reclaim free pollution permits that were given to steelmaker ArcelorMittal to cover emissions at a closed plant under the EU Emission Trading System. While the big polluters cling on to the very profitable free allocation under Europe’s carbon market, solutions exist that would set the industry…
During a closed door session, the Council of the International Civil Aviation Organization (ICAO) –the UN body responsible for global aviation– approved the eligibility criteria for what offsets can be used under the new aviation pollution scheme. While an important step, the decision leaves the door open to billions of older ‘junk’ emission units that…
A new paper published in Nature Climate Change confirms that relying on outdated Clean Development Mechanism (CDM) carbon credits to compensate aviation emissions will do nothing for climate action. You can read the full paper here (paywall): Warnecke et al. (2019): “Robust eligibility criteria essential for new global scheme to offset aviation emissions”, Nature Climate…
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