To be or not to be: Is the EU’s 2030 climate pledge enough to participate in international carbon markets?

by CMWGlobal marketsPosted on Comments are Disabled

In October 2014 EU leaders agreed to at least 40% binding domestic greenhouse gas reduction target by 2030 compared to 1990. This significant move away from allowing the use of international offsets also puts into question the EU’s plans to link up carbon markets under a new climate treaty. Experience from the EU’s carbon market shows why international eligibility criteria for participation in the global carbon market are needed.

NOT SMART: climate smart agriculture in carbon markets

by CMWGlobal markets, Land use and forestryPosted on Comments are Disabled

Proposals to include forests and land use activities in existing and new carbon markets will be discussed in Lima. But sequestration of carbon in land cannot compensate for continued fossil fuel emissions – fossil fuel emissions are permanent, whereas storing carbon in forests and soils is temporary and can be easily reversed by cutting down trees and ploughing fields.

Capping the Dragon: prospects for Chinese and European emissions trading linkage

by CMWEU carbon marketPosted on Comments are Disabled

While Europe is trying to get its emissions trading system (ETS) out of the doldrums, China is busily preparing to launch its national carbon market. By 2020, China’s carbon market will have surpassed the EU ETS as the world’s largest carbon market, covering around 3 to 4 billion tonnes of CO2. South Korea, which in …

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