Carbon removals and emissions reductions are not synonyms. So why are they treated as such? When the EU fails to separate removals from reductions in its climate targets, we veer off course to stop climate change. All-encompassing net targets stall real progress. Our new guide explains why separate targets matter and how they should be …
Read more “Beyond Net: A guide on separate permanent removal targets in the EU”
CRCF is currently viewed as only a small cog in the EU climate policy machine, but it plays a crucial function as a fundamental facet of any policy related to permanent removals, the land sink or agricultural emissions.
As the European Commission weighs whether and how to incorporate permanent carbon removals into the EU’s carbon market, it has recently adopted key rules to define, quantify and assess trade offs associated with those removals. Enabling the use of carbon removals credits in the EU’s Emissions Trading System would be a bad idea, but to …
Read more “Why the EU’s rulebook for certifying permanent carbon removals will fail”
As the EUCityCalc project comes to an end with a training tour of Europe, we review this powerful tool that helps city councils to visualise sustainable low-carbon transition pathways.
BRUSSELS, 23 January 2024 – EUCityCalc has officially launched its free, open source online platform that allows local councils and other stakeholders to visualise and simulate low-carbon scenarios for their towns and cities, as well as to assess the trade-offs related to available choices. Although the European Green Deal and the European Union’s other climate …
Merry ETSmas!
The EU through its Emissions Trading System giftwraps free pollution permits to 30 grossly wealthy energy production and heavy industry companies causing 25% of the bloc’s emissions.
Over the 12 days of ETSMas we counted down the EU’s luckiest polluters.
Raiding the reserve that underpins the EU’s Emissions Trading System to reduce the European Union’s dependence on Russian gas is short-sighted and destructive, especially as far better solutions exist. The Market Stability Reserve (MSR) is an important element of the EU Emissions Trading System. It has proven effective in supporting the carbon price, and helped …
Read more “Plundering the EU’s carbon market to fight the energy crunch is self-defeating”
Rather than propose amendments to the EU’s Emissions Trading System that would take the heat off the climate and serve society, European parliamentarians are squabbling over the quantity of freebies to offer polluting industries. The process of revamping the EU’s Emissions Trading System is in full swing. Members of the European Parliament’s Environment Committee have …
Read more “Milking the EU’s carbon market cash cow for industry”
EU Member States are currently negotiating Europe’s key legislation for climate action, known as the Effort Sharing Regulation. Covering 60% of the EU’s greenhouse gas emissions, the law will set binding national emission reduction targets for the 2021-2030 period for sectors such
as transport, buildings, agriculture and waste. In July 2016, the European Commission published the proposal for an Effort Sharing Regulation setting the basis for negotiations between EU ministers and Members of the European Parliament.
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