News & Press

News
By Gilles Dufrasne on 1 Dec 2018

EU Member States resist aviation industry pressure to weaken climate regulation

This week, European Member States agreed on a common position regarding the future implementation of the International Civil Aviation Organisation’s (ICAO) new carbon market, set to start operating in 2021. The creation of a new offsetting mechanism for aviation, the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), was agreed as part of a…

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Press release
28 Nov 2018

EU’s Long Term Strategy offers hope for net-zero carbon future

Today, the EU Commission released its “Long Term Strategy for a Clean Planet For All”, an ambitious plan for Europe to tackle climate change and fulfill its commitment to the Paris Agreement. Carbon Market Watch welcomes the strategy, in particular the EU Commission’s open support for net-zero emissions by 2050. Of the 8 scenarios outlined…

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News
By Gilles Dufrasne on 8 Oct 2018

New IPCC report shows 1.5C° is still possible, but more needed from aviation and shipping

This week, the Intergovernmental Panel on Climate Change (IPCC), a leading climate science body, has published a report on the scientific evidence relating to 1.5C° global warming. The report shows that it is still possible to limit warming to 1.5C° and avoid dangerous climate change. Reaching this goal, however, would require rapid and large-scale climate…

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News
By Femke de Jong on 26 Sep 2018

GCAS: Effective carbon pricing can no longer be hampered by bad policy

Pricing of coal pollution for its damaging impacts on our health and the planet “is an issue of life and death” according to former Secretary of State John Kerry at the Global Climate Action Summit in San Francisco this month. Carbon Market Watch participated in the summit to present how engagement of environmental groups, as a counterweight to the lobby interests of high-emitting industries, is critical for fairer and more effective carbon pricing.

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News
By Femke de Jong on 21 Aug 2018

Netherlands fits its new price floor

A draft law for the Dutch carbon floor price was recently published, raising the carbon price levied on electricity production to 43 euros by 2030. Carbon Market Watch is a proponent of carbon floor prices that better reflect the social costs of pollution, however several corporate stakeholders do not share our view. How can countries…

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News
By Kelsey Perlman on 12 Jul 2018

Deciphering ICAO negotiations for a climate audience

The latest round of negotiations on aviation’s offsetting scheme finished in ICAO at the end of last month, with crucial rules on offsets and biofuels postponed until the next meeting in mid-September. Long-standing reservations from China and Brazil challenged the enforcement of criteria developed in the UN agency that would restrict low-quality offsets from entering…

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Press release
28 Jun 2018

UN aviation body delays decision on key rules for airline offset scheme

28 June 2018 – BRUSSELS. The International Civil Aviation Organisation (ICAO) Council approved part of the package of rules for its future aviation offsetting scheme (CORSIA) yesterday in Montreal. The Council postponed decisions on offset and biofuel criteria, fueling concerns that they may be weakened before the next Council meeting in September. The 36 member countries…

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News
By Femke de Jong on 22 May 2018

Big polluters continue to get a free pass on Europe’s carbon market

Last week, the European Commission published a list of 44 industries, representing 90% of total industry emissions, that will continue to receive their pollution permits for free under Europe’s carbon market rules after 2020. Over-generous hand-out of free pollution permits doesn’t incentivise emission cuts, and policymakers will need to find other ways to put industry…

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News
By Kelsey Perlman on 29 Mar 2018

Offset restrictions needed to avoid crash landing for the aviation pollution scheme

The future aviation offsetting scheme will end up having little impact on the sector’s soaring emissions unless restrictions are applied on what kind of offset credits airlines can purchase, a new study has found. The study, commissioned by the German government, looked at the scenario where all offset credits from the UN’s Clean Development Mechanism…

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