Taylor Swift claims she can offset the immense carbon footprint of her private jet but the only way for high-flying celebrities and the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
Merry ETSmas!
The EU through its Emissions Trading System giftwraps free pollution permits to 30 grossly wealthy energy production and heavy industry companies causing 25% of the bloc’s emissions.
Over the 12 days of ETSMas we counted down
The European Union’s expansion of the European Emissions Trading System, known as ETS2, will extend the “polluter pays” principle to buildings and road transport. This will make carbon pricing more tangible to EU citizens but can also help them decarbonise.
Policymakers must break the magnetism between carbon markets and carbon removals by putting in place non-market incentives. This requires a rethinking of the EU’s Carbon Removals Certification Framework process and setting the right targets for 2040.
As holidaymakers travel across the European continent to discover their destinations besieged by record-setting heatwaves and wildfires, the airline industry continues to promote the idea that jet setting need not cost the Earth. The new climate reality suggests otherwise.
The debate on EU industrial subsidies in the face of the US Inflation Reduction Act and against the backdrop of the Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM) deals raises some uncomfortable questions.
Ahead of the next trilogue between the EU institutions on the Emissions Trading System (EU ETS), scheduled to kick off next week, CMW’s Agnese Ruggiero and WWF’s Camille Maury tackle the misconceptions and bust the myths about the EU’s carbon
The higher carbon prices on the EU’s Emissions Trading System (EU ETS) of the last three months have caused cross-sectoral concern. Many are placing unsubstantiated blame on speculative trading. But with speculation a minor problem at best, is flooding the
As the EU steps up its efforts to introduce a Carbon Border Adjustment Mechanism, it is crucial that policymakers design the CBAM to support deep emission reductions while safeguarding the right of less-privileged countries to develop, writes CMW policy officer
Despite some good elements, the European Commission’s proposed carbon removal strategy leaves the door wide open to offsetting after 2030, which will undermine its ability to reduce emissions, writes Wijnand Stoefs. On 15 December 2021, the European Commission published its
In the race against accelerating global warming, the 2024 Paris Olympics will not get the games past the finish line, our analysis finds. The only solution is to rethink and reform the mega event
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
The net-zero strategy of Occidental Petroleum (Oxy) relies heavily on unproven carbon removal technologies to camouflage its fossil fuel emissions and those of its customers while expanding its oil and gas production, a new investigation reveals.
Participants at the third meeting of the CO2ol Down campaign took a giant leap towards finalising their proposed amendments to the EU Climate Law and policy recommendations for governing permanent carbon removals in the EU
The body responsible for supervising the new UN carbon market mechanism must abandon the inadequate rules for social and environmental safeguards and return to the drawing board.
Having set the terms of discussion at the first workshop, participants met in person to brainstorm how the EU should govern permanent removals in a safe and sustainable manner
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