Competitive, but at what cost?
There is an increasing need for both public and private expenditure, and an availability of growing ETS revenues. Those delivering the most climate action must be rewarded.
FAQ: The EU Carbon Border Adjustment Mechanism (CBAM)
Our latest FAQ has the answers to everything you always wanted to know about the Carbon Border Adjustment Mechanism.
Reporting obligations during the transitional period of the CBAM
Carbon Market Watch has reviewed the draft European Commission implementing regulation on the reporting obligations during the transitional period of the newly introduced Carbon Market Adjustment Mechanism (CBAM). Whilst the proposed methodology could be considered rigorous, there are a few shortcomings that need to be urgently addressed. CMW’s recommendations encourage the framework to deliver an …
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Emissions Trading System exemptions betray the steel sector’s power and politicians’ lack of mettle
The steel industry’s strategic importance coupled with its strong lobbying power have combined to shield it from a tightening of the Emissions Trading System. This is harmful to the climate, unfair to taxpayers and hurts the sector’s long-term competitiveness.
State aid to industry: Lifeline or gravy train?
The debate on EU industrial subsidies in the face of the US Inflation Reduction Act and against the backdrop of the Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM) deals raises some uncomfortable questions.
Final deal on EU carbon market (ETS) gives heavy industry a free pass at the expense of households and taxpayers
The long process that was meant to transform the EU’s Emissions Trading System into an effective tool for climate action has culminated in a final deal that will not reduce Europe’s industrial carbon footprint rapidly enough to tackle the climate crisis. The reformed EU ETS lavishes freebies on polluting industries and leaves households and taxpayers with the bill.
NGO and industry letter to ETS trilogue negotiators: Time to agree on an EU ETS and CBAM that work for the climate and support industrial transformation
A strong reform of the EU Emissions Trading System (ETS) and a well-designed Carbon Border Adjustment Mechanism (CBAM) can truly help slash emissions from the goods we produce and import, create a level-playing field for Europe’s low-carbon manufacturers and stimulate the demand and supply of clean industrial products. As the negotiations to finalise the reform …
NGO and industry letter to ETS trilogue negotiators: Time to agree on an EU ETS and CBAM that work for the climate and support industrial transformation
A strong reform of the EU Emissions Trading System (ETS) and a well-designed Carbon Border Adjustment Mechanism (CBAM) can truly help slash emissions from the goods we produce and import, create a level-playing field for Europe’s low-carbon manufacturers and stimulate the demand and supply of clean industrial products. As the negotiations to finalise the reform …
A compromise too far: Why no deal at the European Parliament was better than a bad deal on EU’s carbon market – Updated
Since the European Parliament’s failure to reach an agreement on the comprehensive reform of the EU Emissions Trading System, MEPs have traded recriminations. However, those claiming that the defeated compromise deal was good for the climate are being disingenuous. Our analysis reveals it would have been catastrophic had it gone through.
June newsletter editorial: Dramatic week in climate politics shows undercutting ambition is unacceptable
On the occasion of the European Parliament’s vote on the reform of the EU Emissions Trading System, he environment committee had sent a hard-won compromise deal to the plenary, but it got sabotaged there with the reintroduction of amendments from other committees
