News & Press

Press release
3 Feb 2017

EU’s climate reputation bruised as long-haul flight exemption extended

BRUSSELS 3 February 2017. The European Commission has proposed to continue to exempt all flights to and from Europe from paying for their pollution under the EU’s carbon market rules, following an international agreement on aviation emissions. An uncertain global agreement should not be allowed to undermine EU’s climate efforts. The proposal comes after the…

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Press release
15 Dec 2016

Europe’s emissions trading system lives to fight another day

Strasbourg, 15 December 2016. Today members on the European Parliament’s environment committee voted on the revision of the EU’s Emission’s Trading System (EU ETS). The vote enables faster cuts in Europe’s carbon pollution but falls short of putting a halt on free handouts to polluters. The EU ETS is the world’s largest carbon market and…

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Press release
30 Nov 2016

Cement industry made €5 billion in pollution windfall from EU’s carbon market

BRUSSELS 30 November 2016. The European cement sector has earned over 5 billion euros from the EU’s Emissions Trading System (EU ETS) according to updated windfall calculations taken from 2008-2015. The findings from independent analysts at CE Delft highlight the urgent need to drastically curb the volume of free pollution permits handed out to carbon-intensive…

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Press release
7 Nov 2016

Media advisory: EU climate policy should not be the scapegoat for oversupplied steel market

Updated on 7/11/2016 at 17:50 Media advisory by Carbon Market Watch and Sandbag ahead of European Steel Action Day on 9 November BRUSSELS | LONDON, 7 November 2016. This Wednesday, IndustriAll Trade Union organises a demonstration in Brussels demanding actions against the European steel sector’s economic decline. Some of the unions perceive the EU’s emissions…

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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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