News & Press

News
31 Oct 2019

Carbon Market Watch Newsletter – October 2019

Stronger climate action should be the main goal of an EU carbon border tax Dear friends, Tomorrow was supposed to start the count-down to the much-touted “European Green Deal”. The rejection of three Commissioner-candidates by the Europen Parliament means that Ursula von der Leyen’s team is not able to start their work at least before December, but…

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Opinion
25 Oct 2019

Carbon taxes globally too low to address the climate crisis – OECD

Governments do not deploy energy and carbon taxes to their full proposal, the latest “Taxing Energy Use” report by the Organization for Economic Co-operation and Development (OECD) finds, urging for higher pollution prices to effectively address the climate crisis.  Pricing high-carbon activities is an effective tool for making polluters pay while encouraging them to switch…

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Opinion
By Sam Van den plas on 18 Oct 2019

Taxing carbon at the EU border? Only if free pollution permits go

First published on Carbon Pulse October 17, 2019 As part of her “European Green Deal”, incoming EU Commission President Ursula von der Leyen has promised to introduce a carbon border tax to “ensure that European companies can compete on a level playing field”. This is a new wind coming from the executive branch of the European Union…

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News
By Kaisa Amaral on 30 Sep 2019

Carbon Market Watch Newsletter – September 2019

EU carbon market unfit to handle coal phase-out Dear friends, A week of climate mobilisations is coming to its end. Ahead of the UN climate summit in New York last Monday, four million people across the globe took to the streets on Friday 20 September to demand that their governments take urgent action to solve the…

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Opinion
By Maryna Larina | Kaisa Amaral on 26 Sep 2019

Pricing pollution can drive green growth 

New report busts industry competitiveness myths Carbon pricing can unlock the potential for innovation and boost new low-carbon businesses. Contrary to industry claims, it plays only a limited role in companies’ location and investment decisions. Sectors such as cement where transport costs are high are unlikely to lose competitiveness due to carbon pricing.  The months…

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Press release
19 Sep 2019

Over 2 billion surplus pollution permits could flood Europe’s carbon market by 2030 – analysis

BRUSSELS 20 September 2019. The EU carbon market is currently unfit to accommodate national coal phase-outs scheduled in  Europe. EU policymakers should combine coal plant closures with the cancellation of pollution permits and strengthen the market stability reserve to absorb more surplus pollution permits off the market. Failing this, the market will be flooded with…

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Opinion
By Kaisa Amaral on 25 Jun 2019

European businesses need clear direction, not populism

A strong and clear political climate commitment leading to the right policies and measures will help Europe’s industry thrive in a zero-carbon world. Last week, a veto by the Polish, Czech, Estonian and Hungarian governments led to the failure of the long-awaited endorsement of the EU’s long-term climate strategy and commitment to climate neutrality by…

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News
31 May 2019

Carbon Market Watch Newsletter – May 2019

Voters put climate crisis firmly on EU agenda Dear friends, I am delighted to share with you a revamped Carbon Market Watch News. I hope you enjoy the new look, and easily find content that most interests you. I also look forward to receiving any feedback or suggestions! Last weekend, EU citizens turned up at the…

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Opinion
By Agnese Ruggiero on 8 May 2019

Why we need more than just the EU carbon market to tackle industrial pollution

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….

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Opinion
By Sam Van den plas on 28 Mar 2019

Industry should stop clinging on to pollution freebies and start focusing on climate solutions

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…

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