News & Press

Action
1 Apr 2016

Take-off Toolkit: Acting on Aviation Emissions

Background In October this year, member countries of the UN’s International Civil Aviation Organization (ICAO) will decide what role the aviation sector should play in tackling climate change. As this will be the first important milestone in tackling aviation emissions, civil society must play a decisive role in lobbying for stringent rules, ambitious targets, and…

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Press release
14 Mar 2016

EU hands industry €24 billion in pollution windfall

Brussels, 15 March 2016: New analysis shows how industry across Europe has earned a €24 billion windfall from 2008 to 2014, under the EU Emissions Trading Scheme (EU ETS). This is the main policy used across the EU to “cost-effectively”[i] reduce CO2 emissions across industry. The findings in a report ‘Calculation of additional profits of sectors and firms from the EU ETS’, from independent environmental analysts CE Delft, adds momentum to calls from MEPs and campaigners for an overhaul of the policy ahead of the negotiations to revisit the ETS rules this year at EU level.

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Press release
12 Dec 2015

Paris forges momentum towards enduring climate action

Paris, 12 December 2015 – Today, at the UN climate talks in Paris a global deal where all countries have agreed to take action on climate change was adopted. Carbon Market Watch comments on the long-term goal, the ambition ratcheting mechanism, provisions for the use of markets, the establishment of a new mechanism, human rights provisions, bunker emissions, pre-2020 action and the impact of the Paris treaty on EU’s climate policies.

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Press release
4 Dec 2015

Five EU countries cancel surplus Kyoto Protocol units

Paris, 4 December 2015. The Kyoto Protocol is currently suffering from an 11 gigatonne hot air loopholes that undermines its environmental effectiveness. In this context, Denmark, Germany, the Netherlands, Sweden and the United Kingdom today announced that they will cancel part of their pre-2020 surplus units (AAUs) under the Kyoto Protocol.

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Press release
2 Dec 2015

COP21 video game launch CAPMAN – Taking carbon out of the game

Paris, 2 December. Today, Carbon Market Watch and Pixel Impact launch the new COP21 video game CAPMAN. The interactive video game about the superhero CAPMAN, the heroic embodiment of real climate action, is promoting actions that limit CO2 emissions and cap global warming at 1.5C. The game is accessible at www.cap-man.net and will be launched at 7pm CET at the EU Pavilion in the COP21 venue.

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Press release
30 Nov 2015

COP21 media briefing: what role for carbon markets?

From 30 November to 11 December 2015, countries are meeting in Paris to flesh out a historic deal against global warming. One open question is the role carbon markets may play in fulfilling the climate pledge. For more background information, see this media briefing. The Carbon Market Watch team is in Paris and closely following…

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Press release
22 Oct 2015

International aviation could meet climate commitments using only high quality emission reductions, new report shows

Brussels, 22 October 2015. A new study by Oeko-Institut analyses for the first time potential carbon offset supply for a global market-based mechanism for international aviation emissions to be adopted in 2016. The study estimates that the entire demand could be met by carbon offsets from existing projects registered under the UN’s Clean Development Mechanism. Even if applying exclusion criteria for contentious project types, such as coal power and other non-additional projects, the supply would still be sufficient for eight years.

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Press release
12 Oct 2015

UN’s carbon offsetting executive to discuss human rights safeguards

Brussels, 12 October. Following numerous incidents of human rights violations related to carbon offsetting projects, the UN’s Board of the Clean Development Mechanism (CDM) will, for the first time, discuss options to address these concerns at its 86th meeting starting today. The Board will also discuss recommendations to overhaul the CDM’s local stakeholder consultation rules, including a requirement that projects must repeat consultations if they have not been carried out in line with national laws. In an open letter, 96 groups from 35 countries have highlighted their support for these changes.

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Press release
7 Oct 2015

Media Advisory: Carbon leakage myth buster

The concept of “carbon leakage” is a major area of discussion in the legislative proposal to revise the EU’s Emissions Trading System (EU ETS) for the post-2020 period. The Commission’s proposal continues the trend of awarding free allowances, effectively representing a financial subsidy of €160 billion, to heavy emitters without providing evidence for the need of such beneficial treatment. A new Carbon Market Watch policy briefing “Carbon leakage myth buster” brings the ongoing discussions on carbon leakage back to the facts.

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