EU 2030 climate and energy framework

By Agnes Brandt on 19 Oct 2016

New report underlines the risks for Europe’s bloated carbon market

According to a European Environment’s Agency (EEA) report published this week the oversupply of carbon permits in the EU Emissions Trading System (EU ETS) remains ‘substantial’. At a time when lawmakers are discussing how to get Europe’s flagship climate policy back on track, this report comes as an urgent warning to those trying to save the EU’s failing carbon market.

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16 Jun 2016

Making the EU ETS future proof – some tips for environment ministers

On Monday 20 June, the EU environment ministers will discuss whether the proposed revisions of the EU’s carbon market are enough to bring the bloc’s flagship climate instrument in line with the Paris climate change agreement. In this article, Carbon Market Watch answers key questions to help ministers come up with an appropriate response. Do…

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24 May 2016

The climate friendly transition of Europe’s energy intensive industries

The EU has a long-term climate objective of achieving economy-wide emission reductions of 80-95% by 2050 to avoid dangerous climate change. It is often argued that such deep emission reductions are technically impossible or that they would harm the economy and create unemployment.

In the spring of 2016, Carbon Market Watch therefore asked the Institute for European Studies to look at the feasibility of such emission cuts by 2050 in three of the most important manufacturing sectors in Europe: chemicals, steel and cement. The main findings of the report “The Final Frontier – Decarbonising Europe’s energy intensive industries” are summarised in this briefing.

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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European Parliament Event: Enhancing the EU’s industrial competitiveness through the EU ETS innovation fund

WATCH WEBSTREAMING HERE Wednesday 25th May 16:30 – 19:00 European Parliament – Room A5E2 With presentations from: Tomas Wyns, VUB “Decarbonising Europe’s Energy Intensive Industries: The Final Frontier” Donal O’Riain, Founder of Ecocem (watch the webstream for presentation) Martin Pei, Chief Technical Officer for SSAB “HYBRIT – A Swedish prefeasibility study project for hydrogen based…

25 May 2016

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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