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…
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…
Carbon Market Watch is working to advance the carbon-free transformation of Europe’s industry. But what does this actually mean and how does it affect our daily lives? On the occasion of World Environment Day under the theme ‘Beating Plastic Pollution’, we provide a deep-dive into the role of plastics. Plastics have become part of our…
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…
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…
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…
BRUSSELS 9 November 2017. Today, the European Parliament, the EU Member States and the Commission reached a provisional agreement on the reform of the EU Emissions Trading System (EU ETS) for the 2021-2030 period. The deal falls far short of meeting the Paris climate goals, pointing to the need for additional action at national and…
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…
Editorial As work gets back in full flow, we are happy to send you this autumn’s first newsletter! This month, the European Commission outlined its priorities for the future of European industry, which include digitisation and decarbonisation. However, as emissions from Europe’s heavy industry have barely gone down with current policies, an industrial decarbonisation strategy…
The Green Climate Fund (GCF) board meets from 30 September- 2 October in Cairo, Egypt. Board members are expected to approve 16 funding proposals and accredit 5 new entities that will then be able to distribute funds. The GCF is under pressure to get on with the job of disbursing the 10 billion US dollars…
Kaisa Amaral, Communications Director
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