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Briefings
12 Apr 2021

A New Hope – Recommendations for the EU Emissions Trading System review

Update 12/04/2021: Adjustments to the infographics “EU carbon emissions” and “The effect of a one-off EU ETS cap reduction” Executive summary With total greenhouse gas emissions of around 700 million tonnes per year, resource and energy-intensive industry is the third-largest climate polluter in Europe. The cement, chemical and steel sectors alone are responsible for almost…

Policy Submissions
30 Mar 2021

Carbon Market Watch’s response to the public consultation on the revision of the Industrial Emissions Directive

Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the revision and welcomes the opportunity to give specific views on how the Industrial Emissions Directive (IED) should be revised to support industrial decarbonisation in a complementary manner to the EU Emission Trading System.   While we support the general direction…

Briefings
25 Mar 2021

Sailing towards a global carbon price in the maritime industry?

Introduction Discussions and negotiations on carbon pricing for the international maritime sector are starting to pick up steam again at the International Maritime Organisation (IMO). This is an opportunity to finally get urgently needed, meaningful global climate regulation for this international sector. The maritime sector is the last emitting sector globally not to be covered…

Policy Submissions
12 Feb 2021

Carbon Market Watch’s response to the public consultation on the EU Emissions Trading System (EU ETS) review

Summary The EU Emissions Trading System (EU ETS) covers around 40% of the EU’s greenhouse gas emissions from more than 11,000 installations and airlines.  As part of the EU Green Deal implementation, the scheme will be revised starting in the summer of 2021. The revision is a crucial opportunity to ensure that the sectors covered…

Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on the EU ETS

Key elements for the revision of the EU ETS The upcoming revision of the EU Emission Trading System represents a crucial opportunity to strengthen the Directive and ensure it contributes to the goals of the Paris Agreement.  Carbon Market Watch believes that the upcoming review should include the following elements.  An increase of the Linear…

Briefings
29 Oct 2020

10 Key Principles for a Carbon Border Adjustment Measure (CBAM)

With more information on the design options that the European Commission is considering for a Carbon Border Adjustment Measure (CBAM) and slightly more clarity on the different options available, Carbon Market Watch has updated its position and refined the key principles originally presented in the briefing “Carbon Border Adjustments: Climate Protection or Climate Protectionism?” published…

Letters
15 Sep 2020

Joint Letter in support of the ENVI report on the MRV revision

Dear Member of the European Parliament, During the September plenary, you will vote on the revision of the Regulation on monitoring, reporting and verification (MRV) of shipping emissions. This could be the first-ever EU regulation that requires ships to reduce their emissions and to start paying for their carbon emissions. Climate pollution from the shipping…

Policy Submissions
28 Aug 2020

Carbon Market Watch reply to the European Commission’s Inception Impact Assessment for updated rules to the EU ETS aviation coverage

Carbon Market Watch (CMW) welcomes the opportunity to provide feedback to this European Commission Inception Impact Assessment (IIA), and urges the Commission, Parliament, and Council to adopt measures which strengthen the EU’s climate action in the aviation sector, as it currently falls short of the required level of ambition to meet the Paris Agreement’s objective…

Briefings
7 Jul 2020

Cleaning up industry: why the EU’s strategy isn’t enough yet

Summary The new EU Industrial Strategy, released by the European Commission on 10 March 2020 as part of a larger industrial package, is the first sector-specific plan to be published since the European Green Deal was announced. It is an opportunity to put the EU economy on track towards climate neutrality, and put climate action…

Letters
2 Jul 2020

Joint letter on the ETS Innovation Fund

Dear Mr. Runge-Metzger, Mr. Holzleitner, Mr. Doubrava, Ms. Velkova, Financial support and investments for industry to innovate and deploy clean breakthrough technologies is crucial for the EU to achieve the objective of climate neutrality before 2050 and succeed in the fight against climate change. The ETS Innovation Fund represents a step in the right direction…