After over a decade of testing carbon pricing schemes, countries should explore lessons learned and start working on a collective implementation of carbon pricing through the Paris agreement. A new report from the International Monetary Fund (IMF) supports price floors for carbon markets and
First published on Euractiv on 2 May 2019 Latest data shows that the market-based solution alone is not enough to cut carbon pollution from heavy industry in line with the Paris Agreement goals. A new industrial policy mix is needed to ensure Europe is on
BRUSSELS, 8 May 2019. A new analysis of five draft EU energy and climate plans reveals a lack of climate commitment by governments in terms of ambition, concrete sectoral measures and public participation. Tomorrow, EU leaders are meeting in Sibiu, Romania to discuss
Recently, the oil giant Shell has made headlines following its announcement that it would invest $300 million in tree planting projects and offer its clients a chance to buy forestry offsets to achieve “carbon neutral driving”. Sounds good? In reality, this approach is problematic
First published on Carbon Pulse on 24 April 2019 The Canadian industry associations’ claims about the negative impact of carbon pricing on jobs and competitiveness are exaggerated and lack empirical evidence. Pollution pricing incentivizes companies to innovate, which will be necessary to guarantee their
The EU is on track to meet its 2020 greenhouse gas emissions reduction target but needs to increase efforts in energy efficiency and renewables, according to the European Commission’s latest State of the Energy Union report. All three components are needed if the EU
The aviation sector must not escape an effective tax on its emissions “A great, great deal has been said about the weather, but very little has ever been done” – Marc Twain On Friday 15th of March, Carbon Market Watch took to the streets
A Luxembourg court has confirmed that its government can reclaim free pollution permits that were given to steelmaker ArcelorMittal to cover emissions at a closed plant under the EU Emission Trading System. While the big polluters cling on to the very profitable free allocation
During a closed door session, the Council of the International Civil Aviation Organization (ICAO) –the UN body responsible for global aviation– approved the eligibility criteria for what offsets can be used under the new aviation pollution scheme. While an important step, the decision leaves
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
