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Briefings
22 Jun 2017

A Fair EU ETS Revision

The EU is currently finalizing the implementation of its 2030 climate framework. This work includes a revision of the EU’s Emissions Trading System (EU ETS), the EU’s flagship climate instrument. The European Parliament (EP) and the Council adopted their positions on the EU ETS revision earlier this year and are currently holding talks to reach an agreement on how to design the system for the 2021-2030 period. 

Briefings
5 Jun 2017

A Clean Fit: The role of the EU ETS in the energy policy landscape

Executive Summary Around the world, governments are establishing carbon pricing systems to put a price-tag on greenhouse gas emissions and incentivize more climate friendly practices. The EU launched its own Emissions Trading System (EU ETS) in 2005. While the ETS is a necessary instrument to decarbonise the power and industry sectors in Europe, experience shows…

Briefings
6 Feb 2017

How the EU ETS can incentivize cement’s low-carbon transition

Questions and answers on the introduction of an import inclusion scheme for cement On 14 February 2017, the plenary of the European Parliament will vote on the revision of the EU Emissions Trading System (EU ETS) for the 2021-2030 period. Members will vote on the report of the environment committee (ENVI) which was adopted in December…

Policy Submissions
6 Feb 2017

How the EU ETS can incentivize cement’s low-carbon transition

On 14 February 2017, the plenary of the European Parliament will vote on the revision of the EU Emissions Trading System (EU ETS) for the 2021-2030 period. Members will vote on the report of the environment committee (ENVI) which was adopted in December 2016. A key element of the compromise reached between all major political groups in ENVI is the introduction of a mechanism that requires importers of cement and clinker to also pay for their pollution, while ensuring that carbon costs are reflected in material prices.

Briefings
29 Nov 2016

EU Emissions Trading System Quiz

Test your knowledge on the EU Emission Trading System (EU ETS) by playing our short quiz! EU Emissions Trading System Quiz Test your knowledge on the EU Emission Trading System (EU ETS) by playing our short quiz! Answers available in Carbon Market Watch’s new report on “Industry windfall profits from Europe’s carbon market 2008-2015′ and…

Briefings
29 Nov 2016

Cement’s pollution windfall from the EU ETS

The cement sector is responsible for 5% of global greenhouse gas emissions. In Europe, the sector emits more greenhouse gases than the whole Belgian economyi. In light of the Paris Agreement objectives, the cement industry will need to achieve deep emission reductions in the coming years. The EU’s main instrument to decarbonise cement – the EU ETS – has however failed to deliver this so far: By subsidizing pollution, there has hardly been a sufficient economic incentive to leverage emission cuts in the cement sector.

Briefings
29 Nov 2016

Mythbuster Reload – Industry windfall profits from Europe’s carbon market 2008-2015 

This report interprets the findings of an updated CE Delft study that shows how energy-intensive companies in 20 European countries have massively profited from their pollution because they are deemed at risk of “carbon leakage”. “Carbon leakage” refers to the hypothetical situation where companies transfer production to countries with weaker climate policies in order to lower their costs. Under the current EU Emissions Trading System (EU ETS) rules, industrial companies that are believed to be at risk of “carbon leakage” are awarded free emission allowances.

Briefings
3 Nov 2016

European climate policy guide: Vol 1 – EU ETS

This guide, available in both English and Polish, aims to build knowledge and understanding of the Europe’s carbon market for civil society organizations, students and citizens who have little or no prior experience with EU climate policies. It provides introductory knowledge on how the EU ETS is designed and how it functions. Increased awareness should…

Briefings
15 Sep 2016

Carbon leakage mythbuster: Finland (Suomi)

Executive Summary This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in Finland have massively profited from their pollution to the count of €481 million because they are deemed to be at risk of “carbon leakage”. “Carbon leakage” refers to a hypothetical situation where companies transfer production…

Briefings
24 May 2016

The climate friendly transition of Europe’s energy intensive industries

The EU has a long-term climate objective of achieving economy-wide emission reductions of 80-95% by 2050 to avoid dangerous climate change. It is often argued that such deep emission reductions are technically impossible or that they would harm the economy and create unemployment.

In the spring of 2016, Carbon Market Watch therefore asked the Institute for European Studies to look at the feasibility of such emission cuts by 2050 in three of the most important manufacturing sectors in Europe: chemicals, steel and cement. The main findings of the report “The Final Frontier – Decarbonising Europe’s energy intensive industries” are summarised in this briefing.