Showing all results

Briefings
10 Jun 2021

How can the EU Emissions Trading System drive the aviation sector’s decarbonisation?

This policy paper complements the briefing “A New Hope – recommendations for the EU Emissions Trading System review” Introduction: The aviation sector is responsible for nearly 4% of the EU’s total CO2 emissions, and is the second biggest contributor to transport emissions, after road transport. While in flight, planes emit CO2 and also impact the…

Briefings
7 Jun 2021

Additional profits of sectors and firms from the EU ETS 2008-2019

This report by CE Delft was commissioned by Carbon Market Watch Summary This study has calculated the additional profits that sectors and companies have made from the EU ETS between 2008 to 2019 for the fifteen most CO2-intensive sectors plus aviation in nineteen EU countries. In our study we have investigated three types of profits:…

Briefings
7 Jun 2021

The Phantom Leakage – Industry windfall profits from Europe’s carbon market 2008-2019

Executive summary  Since its inception, the EU Emission Trading System (EU ETS) has been giving free allowances to most energy-intensive industries deemed at risk of carbon leakage.  “Carbon leakage” refers to a hypothetical situation where companies transfer production to countries with weaker climate policies in order to lower their costs.  This policy briefing interprets the…

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…

Briefings
24 Nov 2020

Carbon markets and agriculture – why offsetting is putting us on the wrong track

A joint briefing by Carbon Market Watch, Secours Catholique, CCFD – Terre Solidaire and Institute for Agriculture & Trade Policy (IATP) Executive summary Climate mitigation projects in the agriculture sector, particularly those focused on storing carbon in soils, are increasingly being tied to carbon markets. But the impact of these initiatives is highly questionable. First,…

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…

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…

Briefings
7 May 2020

Never Wasting a Crisis: Industry Climate Lobbying During the COVID-19 Pandemic Exposed

Summary: This briefing counters industry attempts to use the coronavirus pandemic as a pretext to weaken international, European and national climate and carbon pricing laws. It debunks myths and provides policy recommendations to decision-makers. The examples include large polluters pushing for delays in implementing the EU Green Deal and national climate policies and airlines aiming…

Briefings
31 Mar 2020

Carbon Border Adjustments: Climate Protection or Climate Protectionism?

Pricing greenhouse gas emissions is one of the most important tools to decarbonise economies, and it has been implemented in the EU since 2005 through the EU Emissions Trading System (ETS). As part of this policy, the heavy industry benefits from large exemptions and receives nearly all of its allowances (i.e. pollution permits) for free….

Briefings
10 Mar 2020

A new European Industrial Strategy

Ten top asks from WWF and Carbon Market Watch The EU Industrial Strategy is the first sector-specific plan to be published since the European Green Deal announcement. The Strategy is the opportunity to set the EU economy in the direction of climate neutrality, as proposed under the EU Climate Law. It is a chance to…