News & Press

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
28 Mar 2018

Carbonkiller buys out the bubble!

Carbonkiller is an initiative by the Dutch environmental organisation WISE that allows anyone to buy and destroy emission permits from the massively oversupplied European carbon market with the aim to raise the price and to increase public engagement in one of Europe’s key climate tools. The EU’s Emissions Trading System (EU ETS) is Europe’s key…

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News
By Femke de Jong on 14 Mar 2018

Ending the era of cheap pollution in Europe?

Last week, at a conference organised by the French government, six EU countries discussed the possibility of introducing a minimum price to pollute. Although prices under the EU’s carbon market have lately risen above 10 Euros for the first time since 2011, they are still barely a third of what is needed to reach the…

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News
22 Feb 2018

Carbon Market Watch Newsletter – February 2018

Editorial Europe’s carbon market reform for the next decade is a done deal, but while the EU’s pollution price has increased in recent weeks, prices are well below what’s needed to reach the Paris climate goals. Meaningful and rising carbon floor prices could provide the necessary push to phase out coal and encourage innovation. The Organisation for…

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News
30 Nov 2017

Carbon Market Watch Newsletter – November 2017

Editorial The UN’s annual climate talks this year held in Bonn Germany saw moderate progress on implementing the Paris Agreement. However, critical questions on the functioning of future carbon markets remain wide open, making it impossible to assess if they will contribute to the fight against climate change. Meanwhile, the UN’s aviation body is drafting rules for…

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News
By Kaisa Amaral on 6 Nov 2017

Will Europe’s key climate tool become a fossil fuel subsidy scheme?

This week, the UN climate talks continue in Bonn on how to implement the landmark Paris climate change Agreement. At the same time in Brussels, the EU’s Emissions Trading System (EU ETS) revision is drawing to an end. The biggest carbon market in the world, the EU ETS should lead by example, promoting a just…

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News
26 Oct 2017

Carbon Market Watch Newsletter – October 2017

Editorial In less than two weeks, the climate community will gather in Bonn to discuss how to put the landmark Paris climate deal into action. When it comes to markets, rather than rushing to lock in rules that repeat past mistakes, it is important to ensure that future measures truly increase climate action and foster sustainable…

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Press release
18 Oct 2017

EU delays climate action for international flights

Updated 19 October to amend the “notes to editors”   BRUSSELS 18 October 2017. Today, the EU Member States together with the European Commission and the European Parliament reached a provisional deal on aviation’s role in the EU carbon market. Lawmakers chose not to make airlines pay more for their pollution and postponed the date to…

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Press release
13 Oct 2017

EU governments miss chance to align key climate law with Paris Agreement

BRUSSELS 13 OCTOBER 2017. Today, the EU environment ministers adopted their position on the Effort Sharing Regulation (ESR) which covers emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. As the EU’s largest climate tool, the ESR is key to implementing the Paris Agreement in Europe. Loopholes adopted today by the…

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