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Policy Submissions
11 Mar 2020

Carbon Market Watch input to public consultation on draft ETS state aid guidelines

Given that there is as yet no hard evidence of carbon leakage caused by indirect costs passed through by power companies, Carbon Market Watch cannot support using taxpayer money to protect the industry from an unproven “carbon leakage risk”. Indirect cost compensation, coupled with free allocation of emission allowances, undermines the polluter pays principle and…

Briefings
19 Sep 2019

Avoiding A Carbon Crash: how to phase out coal and strengthen the EU ETS

Executive summary 12 European countries have committed to closing down coal-fired power plants over the coming years. In order to do their part in limiting the global temperature rise to 1.5°C above pre-industrial levels, all EU countries will have to follow on this path and phase out coal by 20301. While this is an urgent…

Briefings
25 Apr 2019

Cracking Europe’s hardest climate nut – How to kick-start the zero-carbon transition of energy-intensive industries?

Executive summary With total greenhouse gas emissions of 708 million tonnes per year, the resource and energy-intensive industry is the third-largest climate polluter in Europe. The cement, chemical, and steel sectors alone are responsible for almost 60% of these emissions. Industrial emissions are regulated under the EU Emission Trading System (ETS), but the numerous exemptions…

Briefings
3 Dec 2018

Aligning EU Investment and Climate Targets

How the EU Budget can help Member States in reducing emissions Executive Summary The Commission presented proposals relating to the post-2020 EU budget in May and June 2018. The next EU budget spans from 2021 to 2027 and the revenue streams, as well as where the money will be invested, are both topics of discussion…

Briefings
26 Sep 2018

National Energy and Climate Plans and the transition to carbon-free societies – A civil society guide

Introduction In the coming time, Member States will need to develop National Energy and Climate Plans (NECPs), in collaboration with stakeholders, to show how they plan to meet their 2030 climate and energy commitments. This provides an opportunity for civil society to help shape the key national decisions for the next decade and to ensure that they…

Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Policy Submissions
10 Apr 2018

Carbon Market Watch’s response to the public consultation on the EU ETS Innovation Fund

Europe’s energy-intensive industries need an urgent transformation in order to dramatically reduce their emissions in line with the Paris climate goals. This is far from the reality: EU industrial emissions rose by 2% in 2017 and projections show that they are not expected to decline up to 2030. One of the more challenging elements of…

Policy Submissions
5 Apr 2018

Input to the Talanoa Dialogue: Scaling up carbon pricing for inclusive and effective climate action

The way our societies currently measure development and prosperity is strongly biased and incomplete. This leads most individuals and organisations to prioritise polluting activities whose net benefits to society have been artificially increased through the failure to correctly price their social and environmental impacts. The polluter-pays principle is therefore not being implemented, which is akin…

Policy Submissions
31 Jan 2018

Submission on methodology to determine the list of sectors and subsectors deemed exposed to a significant risk of carbon leakage

This feedback was submitted to the European Commission, expressing Carbon Market Watch’s views on the inclusion of sectors on the carbon leakage list of the EU Emissions Trading System (EU ETS). The carbon leakage list identifies all sectors which are deemed by the Commission to be at risk of leakage, i.e. the geographical displacement of…

Briefings
8 Dec 2017

Beyond the EU ETS: Strengthening Europe’s carbon market through national action

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme’s rules for the 2021-2030 period. The EU ETS aims to put a price on carbon by requiring installations across Europe to surrender allowances reflecting their level…