The International Energy Agency outlines a path to a fossil-free future The International Energy Agency calls for an immediate stop to investments in and production of fossil fuels. For heavy industry decarbonisation, the “Net Zero by 2050” report relies too much on unproven technologies like carbon capture and storage. But it nevertheless sends a strong …
Read more “Steel, cement and chemicals industries key to the clean transition “
This opinion piece was first published on Euractiv on 15 April 2021 EU carbon market emissions experienced a record fall last year, but when it comes to heavy industry, the effect is likely to be short-lived, writes Agnese Ruggiero. The latest EU carbon market emissions data released by European Commission on April 1 was not …
Read more “Four key issues to watch in the EU’s carbon market reform”
Introduction: Plastic production is the largest part of the chemical sector, constituting about one-third of chemicals production worldwide and about one fifth in Europe. The petrochemicals sector is the sector that uses the most energy in the world, more than the iron and steel, cement, pulp and paper, and aluminium industries, and is the third-largest …
Read more “How can the EU Emissions Trading System drive the plastics sector’s zero-carbon transition?”
Update 12/04/2021: Adjustments to the infographics “EU carbon emissions” and “The effect of a one-off EU ETS cap reduction” Executive summary With total greenhouse gas emissions of around 700 million tonnes per year, resource and energy-intensive industry is the third-largest climate polluter in Europe. The cement, chemical and steel sectors alone are responsible for almost …
Read more “A New Hope – Recommendations for the EU Emissions Trading System review”
Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the revision and welcomes the opportunity to give specific views on how the Industrial Emissions Directive (IED) should be revised to support industrial decarbonisation in a complementary manner to the EU Emission Trading System. While we support the general direction …
Read more “Carbon Market Watch’s response to the public consultation on the revision of the Industrial Emissions Directive”
A recent Carbon Market Watch webinar discussed the upcoming revision of the Industrial Emissions Directive in the framework of the European Green Deal. Achieving the goals of the European Green Deal (EGD) will entail driving down greenhouse gas emissions as well as achieving zero pollution and a non-toxic environment by 2050. The upcoming revisions of …
Read more “Making the industrial pollution law fit for the EU Green Deal”
Watch the recording of the event below or here Date and time: Monday 15 March, 11-12:30 Background: In the second half of the year, the European Commission will propose a revision of the Industrial Emissions Directive (IED). This law has played an important role in tackling industrial pollution, but it can achieve a lot more. …
Read more “Making the Industrial Emissions Directive fit for the EU Green Deal”
Gearing up for the EU carbon market rules revision The deadline for public consultation on the EU carbon market rules review passed earlier this month. A look at the input from industry is revealing. For example, the cement sector wants to be rewarded for using uncertain (taxpayer-funded) carbon capture and storage or utilisation to deal …
Read more “Carbon Market Watch Newsletter – February 2021”
Debunking industrial carbon removal claims: Cembureau Removing carbon from the atmosphere as a concept is gaining traction around the world. While some form of it will likely be needed to keep global temperature rise below 1.5 degrees, cutting pollution must remain the immediate priority. As industry struggles to imagine or operationalise net-zero emissions plans by …
Read more “Concrete ideas to divert attention”