News & Press
By Kaisa Amaral on 25 Sep 2020
Carbon Market Watch Newsletter – September 2020
Europe’s renewed climate commitment under scrutiny Dear friends, The European Commission has proposed to strengthen Europe’s 2030 climate target to at least 55%. While a very positive development, the new target nevertheless falls short of what science says is needed for the EU to do its share to keep global warming at safe levels. Critically,…
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By Kaisa Amaral on 29 Jun 2020
Carbon Market Watch Newsletter – June 2020
EU Green Deal at the heart of post-corona Europe Dear friends, Our leaders are hoping to clinch a deal in the coming weeks on the EU’s financial recovery package and the multi-annual budget. In September, we expect the European Commission to announce its proposal for an improved 2030 climate target. The science says that Europe…
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By Sabine Frank on 23 Jun 2020
The EU Emission Trading System – carbon pricing as an important tool to achieve the objectives of the Green Deal
First published in ECA Journal 02/2020: Climate Change and Audit By Sabine Frank, Executive Director, Carbon Market Watch In a world that is increasingly feeling the consequences of climate change, the idea of polluters paying for their pollution makes more and more sense. The EU’s Emission Trading System (ETS) reflects exactly that thought and is…
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By Kaisa Amaral on 19 Jun 2020
“Conservative” EU carbon market alone will not drive the clean industrial revolution
Carbon Market Watch webinar discussed opportunities and barriers to the decarbonisation of cement and steel sectors Europe will not become climate neutral without decarbonising its heavy industry. Technical solutions to achieve deep emission cuts in sectors such as steel and cement exist, but strengthening the EU carbon market and implementing a smart mix of policy…
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By Kaisa Amaral on 31 May 2020
Carbon Market Watch Newsletter – May 2020
What kind of future do we want? Dear friends, The coronavirus debate is now very much focused on how to get our economies back on track, as governments ease up on the lockdown measures of recent months. Corporate lobbyists have been very active since the beginning of the turmoil. In our latest edition of the…
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By Wijnand Stoefs on 28 May 2020
The EU to improve its carbon market rules despite corona – survey
The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market. First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…
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By Agnese Ruggiero on 29 Apr 2020
How the EU carbon market’s lesser-known cousin could help drive industrial transformation
As the EU carbon market is failing to drive down industrial carbon pollution, other rules are needed to provide an extra push. The upcoming revision of the industrial emissions directive should include greenhouse gases within the law’s scope. This way, limits on carbon emissions would be included within the criteria that an industrial plant must…
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By Gilles Dufrasne on 1 Apr 2020
ICAO’s carbon market report offers valuable lessons for Article 6 talks
This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…
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By Kaisa Amaral on 26 Mar 2020
Carbon Market Watch Newsletter – March 2020
Europe’s recovery plans will fall flat unless they drive a green transition Dear friends, Up until only a few weeks ago, the climate emergency topped Europe’s political agenda. The European Commission published its much-awaited EU Climate Law, proposing to make Europe’s climate-neutrality target legally binding. Another key initiative was the launch of the new industrial…
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By Wijnand Stoefs on 17 Feb 2020
EU carbon market state aid rules moving in the right direction – but not far enough
New EU state aid guidelines for compensating industry for higher electricity costs under the EU carbon market reduce the number of eligible sectors and limit aid to those investing in energy efficiency. However, if this so far inefficient and expensive scheme is to continue, further significant improvements are needed to ensure that it helps Europe…
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