Carbon markets

Press release
15 Dec 2016

Europe’s emissions trading system lives to fight another day

Strasbourg, 15 December 2016. Today members on the European Parliament’s environment committee voted on the revision of the EU’s Emission’s Trading System (EU ETS). The vote enables faster cuts in Europe’s carbon pollution but falls short of putting a halt on free handouts to polluters. The EU ETS is the world’s largest carbon market and…

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21 Nov 2016

Open letter to Members of the Committee on Environment, Public Health and Food Safety of the European Parliament on the revision of the EU ETS

November 2016 Dear Members of the European Parliament’s Committee on Environment, Public Health and Food Safety, We, the undersigned, 31 organisations and networks working on a coal free Europe call on you to vote for a meaningful revision of the EU’s Emission Trading System (EU ETS) that supports the rapid decarbonisation of Europe’s energy systems…

EU ETS Breakfast Event: Unsticking the cement sector’s low-carbon potential

November 30th, 08:30 – 10:30 Breakfast reception 08:30 Programme 09:00-10:30 Mr Jakop Dalunde, Member of the European Parliament – Opening remarks Mr Dylan Tanner, Executive Director, InfluenceMap – InfluenceMap Report “European Cement and Carbon Pricing Regulatory Risk” Dr Agnes Brandt, Senior EU Policy Officer, Carbon Market Watch – CE Delft /CMW Report “Cement’s pollution windfall from the EU ETS during…

30 Nov 2016

Carbon Market Watch News
21 Sep 2016

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.

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8 Jul 2016

Debunking steel myths on the EU’s carbon market

In the past few months, carbon intensive industries have ratcheted up their efforts to convince policymakers that ‘real’ data should be used to assess how many free pollution permits to give out under the EU’s carbon market rules. Carbon Market Watch also values the use of accurate, up-to-date information in the debate on the EU Emissions Trading System (ETS) reform. We therefore checked two recent claims by the industry.

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11 May 2016

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.

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13 Apr 2016

Debate over Europe’s carbon market future shifts beyond the industry blame game

The crisis facing the British steel industry has over the past week dominated front pages with the news that Tata Steel will sell all of its UK plants. Some have finger-pointed to the EU’s Emissions Trading System (EU ETS) as one of the reasons for the disarray in the steel industry, but analysis done for Carbon Market Watch and by others has shown that the steel sector in Europe has in fact benefited from EU’s climate policies.

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4 Feb 2016

EU ETS reform must tighten screws on the number of pollution permits

While European policymakers are debating how the EU’s Emissions Trading System (EU ETS) should be revised in the wake of the Paris agreement, the fall in the carbon price to below €6 per tonne of pollution gives a stark warning that Europe’s (supposedly) main climate instrument is not yet up to the job. Without the removal of surplus pollution permits, the adoption of a steeper decarbonisation pathway and the smart use of auctioning revenues, Europe’s carbon market will be doomed to fail.

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European Parliament Event: RE-PLUMBING THE EU ETS: low-carbon innovation and carbon leakage in a post-Paris world

   Tuesday 15th March, 15:00 – 17:00 European Parliament – Room 5G1  With presentations from:  PETER ZAPFEL, DG CLIMA, European Commission “Innovation and carbon leakage in the EU ETS reform proposal” TOMAS WYNS, Vrije Universiteit Brussel “Post 2020 industrial and innovation policy” FEMKE DE JONG, Carbon Market Watch “Carbon leakage” and industry ambition in a post-Paris world…

15 Mar 2016