News & Press

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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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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News
27 Jun 2019

Carbon Market Watch Newsletter – June 2019

EU governments breach citizens’ right to information on international aviation climate policy Dear friends, As I write this at the UN Climate Change Conference, Bonn, along with the rest of Western Europe, is sweltering in the scorching heat, an uncomfortable foretaste of what an ever-warming climate has in store for us. I can only hope that…

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News
By Sabine Frank on 27 Jun 2019

EU countries under scrutiny for their role in opaque aviation agency 

European countries who are members of the UN civil aviation body are keeping their work on climate policies for the aviation sector secret from their citizens, in breach of an international treaty on public access to environmental information.  The Aarhus Convention covers three principles: access to environmental information, public participation in environmental decision-making and access…

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News
By Gilles Dufrasne | Kaisa Amaral on 17 Jun 2019

UN climate negotiators to discuss future carbon markets as calls to end offsetting grow louder

This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating table are willing to walk the talk. “We can no longer…

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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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News
By Ludovica Serafini on 28 Mar 2019

EU, Tax Me If You Can!

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…

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News
6 Mar 2019

ICAO agrees on offset criteria for aviation carbon market

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…

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News
By Gilles Dufrasne on 26 Feb 2019

Existing UN carbon credits will do nothing to offset aviation industry pollution, new Nature study finds

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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News
By Gilles Dufrasne on 18 Feb 2019

Deutschland: Kohleausstieg muss mit Annullierung von Emissionslizenzen einher gehen, um den CO2 Preis zu stützen

Die deutsche Kohlekommission, beauftragt mit der Prüfung der Realisierbarkeit des Kohleausstiegs in Deutschland, veröffentlichte Ende Januar ihren Bericht, mit dem das Land auf Kurs gebracht wird, bis 2038 kohlefrei zu sein. Der progressiven Kohleausstieg, den der Plan vorsieht, ermöglicht Deutschland, seine Emissionsziele in der Energiebranche bis 2030 zu erfüllen, nachdem offiziell bestätigt wurde, dass das…

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