Carbon markets

Opinion
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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Opinion
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 Apr 2016

Watch This! NGO Newsletter #14: Carbon Market Watch’s priorities for 2016

Following the adoption of the landmark Paris agreement, our plate will be full with important campaigns in 2016. Our objective? Ensure that policies are accountable and ambitious enough to achieve countries commitment to limit global warming to 1,5C. Here is a short overview of our priorities at the international level. Ensure accountability of climate action Governments…

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Action
1 Apr 2016

Take-off Toolkit: Acting on Aviation Emissions

Background In October this year, member countries of the UN’s International Civil Aviation Organization (ICAO) will decide what role the aviation sector should play in tackling climate change. As this will be the first important milestone in tackling aviation emissions, civil society must play a decisive role in lobbying for stringent rules, ambitious targets, and…

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Opinion
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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Opinion
4 Feb 2016

ETS Linking: A new link in Europe’s climate action

In January, negotiations between the EU and Switzerland to link their carbon markets were concluded after 5 years of talks. Since the linking agreement has not (yet) been made publicly available, the consequences for Europe’s climate ambition remain unclear, including how it may impact the domestic nature of the EU’s 2030 climate target.

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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

Briefings
22 Dec 2015

Paris outcomes: Carbon Market Watch Analysis of COP 21

From 30 November to 12 December 2015, Parties to the UNFCCC met in Paris to negotiate a new global climate treaty.

The Paris Agreement was a remarkable outcome, especially after the failures of Copenhagen. Almost all involved, including Carbon Market Watch, seemed surprised at how positive the outcome was. However, expectations had been carefully managed in the preceding years, so that aspirations of environmentalists to have a treaty that reflected the scientific reality by dividing up the remaining global carbon budget, had been downplayed into unreality.

Press release
12 Dec 2015

Paris forges momentum towards enduring climate action

Paris, 12 December 2015 – Today, at the UN climate talks in Paris a global deal where all countries have agreed to take action on climate change was adopted. Carbon Market Watch comments on the long-term goal, the ambition ratcheting mechanism, provisions for the use of markets, the establishment of a new mechanism, human rights provisions, bunker emissions, pre-2020 action and the impact of the Paris treaty on EU’s climate policies.

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