News & Press

Press release
28 Feb 2017

EU countries take a small step to address carbon market oversupply

BRUSSELS 28 February 2017. Today the EU environment ministers adopted their position on the EU Emissions Trading System (EU ETS) revision. While the ministers proposed some improvements to the original proposal, more is needed to align one of the EU’s key climate laws with the Paris Agreement on climate change. To address the chronic glut…

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Carbon Market Watch 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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Carbon Market Watch 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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Carbon Market Watch 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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Press release
15 Feb 2017

EU carbon market future in doubt as lawmakers fail with reform

STRASBOURG 15 February 2017. Today the European Parliament adopted its position on the revision of the EU’s Emissions Trading System (EU ETS) for the 2021-2030 period. Regrettably, the lawmakers missed out on an opportunity to strengthen the polluter pays principle through a carbon border tax on cement imports and an end to free pollution permits…

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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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Carbon Market Watch News
By Agnes Brandt on 2 Feb 2017

European Commission restricts free pollution permits to carbon-intensive industry

The European Commission last week finalized a decision to reduce the amount of free pollution permits handed out to energy intensive industry for the period up to 2020. This decision comes at a time when the European Parliament and EU ministers are deliberating over how many pollution permits heavy industry should get for free after 2020.

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Carbon Market Watch 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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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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