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.

Media advisory: EU climate policy should not be the scapegoat for oversupplied steel market

Updated on 7/11/2016 at 17:50 Media advisory by Carbon Market Watch and Sandbag ahead of European Steel Action Day on 9 November BRUSSELS | LONDON, 7 November 2016. This Wednesday, IndustriAll Trade Union organises a demonstration in Brussels demanding actions against the European steel sector’s economic decline. Some of the unions perceive the EU’s emissions …

EU’s highest court rebuffs industry claim for more pollution freebies

Earlier this month, the EU Court of Justice ruled against a case by eight Swedish heavy industry operators that were asking for more free pollution permits under the EU Emissions Trading System (EU ETS) than they currently get. The EU ETS -meant to cut pollution- has so far provided industry a €24 billion pollution payout, a bill that taxpayers are picking up as governments forego scarce public money.

Carbon intensive industries get an unexpected slap by Europe’s Judiciary

In April the Court of Justice of the European Union ruled against a case by carbon-intensive industries that had sought additional free pollution permits from the EU’s Emissions Trading System (ETS). The Court’s declaration backfired on the companies, when it ruled that the allocation of free permits had in fact been too generous, giving the Commission 10 months to recalculate the amount of free permits for the period up to 2020.

Carbon leakage mythbuster: Sweden

This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in Sweden have massively profited from their pollution to the count of €700 million because they are deemed to be 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. 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 pollution permits.

Carbon leakage mythbuster: Netherlands

This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in the Netherlands have massively profited from their pollution to the count of €1 billion because they are deemed to be 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. 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 pollution permits.

Carbon leakage mythbuster: Germany

This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in Germany have massively profited from their pollution to the count of €4.5 billion because they are deemed to be 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. 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 pollution permits.

Carbon leakage mythbuster: France

This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in France have massively profited from their pollution to the count of €2.7 billion because they are deemed to be 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. 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 pollution permits.

Carbon leakage mythbuster: United Kingdom

This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in the UK have massively profited from their pollution to the count of €3.1 billion because they are deemed to be 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. 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 pollution permits.