Carbon Market Watch supports the UK Government’s proposal to continue to price GHG emissions from January 1st, 2021, following the UK’s exit from the EU. We would like to highlight the importance of ensuring that coverage of such a pricing mechanism be at least as extensive as it is under the EU ETS, that prices…
Carbon Market Watch welcomes the opportunity to provide feedback on Verra’s proposal. We echo Verra’s recognition that there is a need to differentiate between credits which do or do not meet all the requirements set (or to be set) under the Paris Agreement’s article 6 rules. However, we express concern that Verra’s proposed “labelling” approach…
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…
EU climate policymaking should be informed and aligned with the latest available science and the EU’s commitment under the Paris Agreement, in particular the objective of limiting global temperature rise to 1.5°C. In light of the EU’s capacity to act and principles of global equity, the Union should achieve at least 65% emission reductions by…
Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the inception impact assessment 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…
As the EU is a signatory to the Paris Agreement (PA), the 2030 Climate Target Plan should live up to the EU’s commitment to limit the global temperature rise to 1.5°C. Moreover, we remind the Commission that the European implementation of the PA has to reflect equity and the principle of common but differentiated responsibilities…
Carbon Market Watch fully supports efforts to price GHG emissions, within and outside the EU. The EU ETS has been successful for certain sectors, but has failed to incentivise large scale decarbonisation of European industry, in part because of its excessive measures to guard against the hypothetical risk of carbon leakage. Industrial companies have gained…
Carbon Market Watch welcomes the opportunity to provide feedback on the ETD revision. Several aspects of this directive are crucial to set the EU on a pathway compatible with the Paris Agreement’s objectives. Carbon Market Watch supports the revision of the Directive, in particular with regard to the aim of “aligning taxation of energy products…
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…
Carbon Market Watch welcomes the European Commission initiative to develop a New Circular Economy Action Plan. The Roadmap of this initiative is presented in view of the European Green Deal and the contribution of the EU’s industry to achieve a climate-neutral continent by 2050. It is therefore crucial that the Circular Economy action plan to…
Carbon pricing 
International transport 
Climate governance 
Fair climate action