News & Press

Press release
21 Mar 2014

Press Statement: Carbon Market Watch welcomes today’s vote in the European Parliament which rejects a weak deal on aviation emissions trading

19 March 2014, Brussels – Today, the Environment and Public Health Committee (ENVI) in the European Parliament voted against a deal that would have extended the derogation for intercontinental flights from the EU Emissions Trading Scheme. Carbon Market Watch welcomes the rejection of this bad deal for the climate and calls on the Parliament’s plenary to follow suit on 3 April at the plenary vote.

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Press release
10 Jul 2013

Press Release: New draft Regulation on offset entitlements criticized for undermining the EU ETS

Today, the EU Climate Change Committee approved a draft regulation by the European Commission that allows operators under the EU ETS to continue the use of more than 600 million offset credits for compliance with emission limits from 2013 to 2020. Carbon Market Watch calls on the European Parliament to review the quantity entitlements and to introduce quality restrictions that ensure that credits from business as usual projects that pose an immediate threat to the EU ETS will not be allowed.

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Press release
20 Jun 2013

Press Statement: Carbon Market Watch criticizes European Parliament’s vote to fix EU Emissions Trading Scheme as stifling

Yesterday the European Parliament’s Environment Committee voted in favour of a compromise deal on the European Commission proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch criticizes the outcome as stifling and calls on the European Parliament’s plenary to reconsider the vote.

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Press release
8 May 2013

Press Release: New offset credit data shows record use of dubious carbon credits; Norway backs away from wind and hydro offset credits

Last week, the European Commission released data about the 2012 use of offset credits in its Emission Trading Scheme (EU ETS). A large part of offset credits are from heavily criticised Joint Implementation projects and large-scale power plants under the Clean Development Mechanism. Carbon Market Watch calls for use restrictions of substandard carbon credits. Norway has been the first country to announce transitioning away from wind and hydro projects this year.

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Press release
26 Feb 2013

Press Statement: European Parliament’s Environment Committee rejects allowing more offsets for aviation industry

Brussels, 26 February 2013. Today, the European Parliament’s Environment Committee voted in support of the EU Commission’s “Stop-the-Clock” proposal which derogates flights to and from Europe from the EU Emissions Trading Scheme (EU ETS) for one year to give enough time to negotiate a global agreement for addressing emissions from international aviation by autumn 2013….

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Press release
19 Feb 2013

Press Statement: Carbon Market Watch view on ‘backloading’ proposal

Brussels, 19 February 2013.  Along with European environmental NGOs Climate Action Network (CAN) Europe, Greenpeace and WWF, Carbon Market Watch welcomes the European Parliament Environment Committee’s support for the proposal to temporarily curb the oversupply of emission allowances in the EU emissions trading scheme (ETS). This ‘backloading’ proposal will go some way to mitigate the…

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Press release
14 Nov 2012

Press Release: International offsets undermine European climate goals – European Commission’s Carbon Market Report shows

Brussels, 14 November 2012. Today, the European Commission published “The state of the European carbon market in 2012”. The report estimates the EU Emissions Trading Scheme (ETS) is oversupplied by up to 2 billion allowances. International offset credits account for three quarters or more of this surplus. What the report does not propose are measures…

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Press release
23 Jul 2012

Press Release: UN Body decision marks end for dirty carbon credits from coal power in the EU emissions trading scheme

Washington D.C., Brussels, 23 July 2012. The United Nations Clean Development Mechanism (CDM) Executive Board has taken a significant step towards a major victory against propping up the dirty, carbon intensive coal industry. In a meeting last week, the CDM Executive Board requested yet another round of scrutiny of the set of rules that would allow coal power plants in India and China to receive carbon credits.

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