Based on a Carbon Market Watch position paper (CMW, 2021) on key principles and criteria that any market-based measure (MBM) agreed at IMO level needs to follow for it to be fair and effective in contributing to the decarbonisation of international shipping, CE Delft has elaborated on these principles and criteria for the development of the MTM tool.
Parties to the International Maritime Organisation are meeting in London to discuss various proposals to decarbonise the shipping sector. Carbon Market Watch gives our verdict over what’s on the table.
Emissions Aristocracy of just 30 companies spews out half of the greenhouse gases covered by the European Union’s Emissions Trading System (EU ETS), representing a quarter of the EU’s carbon footprint, a CMW report uncovers.
To savour the real-world implications of our climate work, the Carbon Market Watch team visited an industrial zone seeking to decarbonise and a sustainable co-housing project.
The failure of the European Parliament’s environment committee (ENVI) to demand limits on the amount of greenhouse gases industrial installations are allowed to emit undermines its proposal that the Industrial Emissions Directive should help achieve decarbonisation.
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