News & Press

News
23 Feb 2017

Carbon Market Watch Newsletter – February 2017

Editorial This month the European Parliament adopted its position on the EU Emissions Trading System reform. Earlier calls from nearly 100 000 citizens across Europe failed to motivate lawmakers into taking bolder steps to strengthen the EU’s key climate law. MEPs voted against steeper emission cuts and in favour of more free pollution permits. However, in a welcome move, they decided…

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News
By Agnes Brandt on 22 Feb 2017

EU carbon market reform deal: taking stock and moving forward

Last week the European Parliament adopted its position on the revision of the EU’s Emission Trading System (EU ETS) for the 2021-2030 period. Next week, EU environment ministers will try to reach an agreement on the reform deal. Time to take a fresh look at what is on the table, and what is at stake.

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News
By Kelsey Perlman on 22 Feb 2017

Planes and ships too must act on climate say EU lawmakers

Last week, the European Parliament adopted its position on the revision of the EU Emissions Trading System (EU ETS). While overall the position falls short of a true reform, the EU lawmakers did decide to include shipping in the EU ETS in the absence of climate action at the global level, and strengthened the rules for the aviation sector.

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News
26 Jan 2017

Carbon Market Watch Newsletter – January 2017

Editorial The EU’s effort sharing regulation has grabbed our focus this month, as 2017 gets off to a challenging start for climate aficionados. Yesterday we had the pleasure of showcasing our new Effort Sharing Emissions Calculator to policymakers and NGOs at the European Parliament, where issues on climate change continue to be taken seriously. In December the European Parliament’s ENVI committee agreed on recommendation for phase IV of the Emissions Trading…

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News
By Agnes Brandt on 19 Oct 2016

New report underlines the risks for Europe’s bloated carbon market

According to a European Environment’s Agency (EEA) report published this week the oversupply of carbon permits in the EU Emissions Trading System (EU ETS) remains ‘substantial’. At a time when lawmakers are discussing how to get Europe’s flagship climate policy back on track, this report comes as an urgent warning to those trying to save the EU’s failing carbon market.

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News
21 Sep 2016

EU’s highest court rebuffs industry claim for more pollution freebies

Earlier this month, the EU Court of Justice ruled against a case by eight Swedish heavy industry operators that were asking for more free pollution permits under the EU Emissions Trading System (EU ETS) than they currently get. The EU ETS -meant to cut pollution- has so far provided industry a €24 billion pollution payout, a bill that taxpayers are picking up as governments forego scarce public money.

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News
2 Sep 2016

Will G20 leaders keep their promise to end fossil fuel subsidies?

The upcoming G20 meeting will be a chance for the world’s most influential economies to put an end date to subsidising fossil fuels. Civil society is calling for the leaders to speed up the ratification of Paris agreement and commit to a phase out of fossil fuel subsidies by no later than 2020. The G20…

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