Editorial Earlier this month, six EU countries discussed the possibility of introducing a minimum price on pollution. A carbon floor price in Northern and Western Europe could accelerate the shift away from coal and create a tipping point for the phase-out of fossil fuels in other
The future aviation offsetting scheme will end up having little impact on the sector’s soaring emissions unless restrictions are applied on what kind of offset credits airlines can purchase, a new study has found. The study, commissioned by the German government, looked at the
Carbonkiller is an initiative by the Dutch environmental organisation WISE that allows anyone to buy and destroy emission permits from the massively oversupplied European carbon market with the aim to raise the price and to increase public engagement in one of Europe’s key climate
Last week, at a conference organised by the French government, six EU countries discussed the possibility of introducing a minimum price to pollute. Although prices under the EU’s carbon market have lately risen above 10 Euros for the first time since 2011, they are
The European Union has told the UN aviation body that it accepts the draft rules for the future global aviation offsetting scheme without changes but raises questions about the quality of offsets. Leaving the rules unchanged poses risks which include allowing in almost any
Editorial Europe’s carbon market reform for the next decade is a done deal, but while the EU’s pollution price has increased in recent weeks, prices are well below what’s needed to reach the Paris climate goals. Meaningful and rising carbon floor prices could provide the necessary
European manufacturing sector needs an urgent transformation in order to dramatically reduce its emissions and do its part to fight climate change. How can we guarantee a prosperous, climate-friendly European industrial base that provides jobs and brings societal benefits? This week is EU Industry
The Organisation for Economic Co-operation and Development (OECD) says that taxes in major economies are far below the cost of pollution from the use of fossil fuels on climate and the environment, urging governments to do more to make polluters pay. A lax tax
Aviation sector plans to address its massive climate impact by offsetting part of its emissions growth. Producing a respectable offset is becoming more and more difficult in a world where we are rapidly approaching our pollution limits. Below are some of the pitfalls the
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