News & Press
By Wijnand Stoefs on 27 May 2020
What “negative emissions”?
To limit global heating to 1.5 degrees, it will no longer be enough to just cut our pollution; some emissions will likely have to be removed from the atmosphere and permanently stored. Together with partners, Carbon Market Watch launches a new project with the aim to provide decision-makers with concrete policy recommendations to ensure responsible…
Read more →
By Kaisa Amaral on 14 May 2020
Lead EU lawmaker’s strong call for climate action
4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the…
Read more →
By Agnese Ruggiero on 29 Apr 2020
How the EU carbon market’s lesser-known cousin could help drive industrial transformation
As the EU carbon market is failing to drive down industrial carbon pollution, other rules are needed to provide an extra push. The upcoming revision of the industrial emissions directive should include greenhouse gases within the law’s scope. This way, limits on carbon emissions would be included within the criteria that an industrial plant must…
Read more →
By Gilles Dufrasne on 1 Apr 2020
ICAO’s carbon market report offers valuable lessons for Article 6 talks
This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…
Read more →
By Sam Van den plas on 26 Mar 2020
When COVID-19 met the EU ETS
The EU carbon market prices are plummeting as a result of the economic shutdown, underlining the need to strengthen the scheme to better sustain similar shocks in the future. No efforts should be spared to stop the spread of the coronavirus pandemic, and it will be critical to ensure that European climate policies are not…
Read more →
By Kaisa Amaral on 10 Mar 2020
EU industry strategy fails Green Deal test
BRUSSELS 10 March 2020. The European Commission’s new industrial strategy provides a strong narrative on the need to decarbonise Europe’s industrial sector but fails to put forward concrete measures to drive the transformation and address barriers on the road to climate neutrality. Carbon Market Watch calls for a swift adoption of industrial climate policies including…
Read more →
By Kaisa Amaral on 9 Mar 2020
What does the EU Climate Law have to do with cement?
Committing to climate neutrality in the long term sends an important signal, but getting there needs short-term climate action and will not happen without cleaning up Europe’s heavy industry. The European Green Deal was unveiled by the European Commission led by Ursula von der Leyen in December 2019. It is the new Commission’s master plan…
Read more →
By Kaisa Amaral on 4 Mar 2020
Climate Law improves oversight over EU Member States’ climate policy planning
BRUSSELS 4 March 2020. The EU national energy and climate plans (NECPs) will become a key tool to monitor countries’ progress towards climate neutrality by 2050. PlanUp urges the Commission to strengthen the process and ensure effective coordination with the Member States to exploit the full potential of the NECPs. Today, the European Commission unveiled…
Read more →
By Wijnand Stoefs on 17 Feb 2020
EU carbon market state aid rules moving in the right direction – but not far enough
New EU state aid guidelines for compensating industry for higher electricity costs under the EU carbon market reduce the number of eligible sectors and limit aid to those investing in energy efficiency. However, if this so far inefficient and expensive scheme is to continue, further significant improvements are needed to ensure that it helps Europe…
Read more →
By Wijnand Stoefs on 23 Jan 2020
EU starts taking just transition seriously
The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens the case for raising the EU’s 2030 climate target to 65%….
Read more →