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. …
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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”
Two key elements to get right in the EU carbon market review The upcoming revision of the EU carbon market rules is an opportunity to ensure that industries covered by it cut their pollution in line with the EU Green Deal objectives and the Paris Climate Agreement. Agreeing on a faster pace at which emissions …
Read more “Harder, Better, Faster, Stronger [1]”
Summary The EU Emissions Trading System (EU ETS) covers around 40% of the EU’s greenhouse gas emissions from more than 11,000 installations and airlines. As part of the EU Green Deal implementation, the scheme will be revised starting in the summer of 2021. The revision is a crucial opportunity to ensure that the sectors covered …
Read more “Carbon Market Watch’s response to the public consultation on the EU Emissions Trading System (EU ETS) review”
By Kaisa Amaral Why carbon pricing should strengthen, not replace national climate action As part of the EU Green Deal implementation, the European Commission considers scrapping national climate targets and expanding the EU carbon market to road transport and buildings. Doing so would undermine the new climate goals and put an undue burden on consumers …
Read more “Targets, not markets!”
Guest article by Kirsten Sleven, Director, WISE As the first country in the world, the Netherlands is about to introduce a carbon tax on industrial pollution. The tax is part of a broader policy package (Dutch Climate Agreement) to stimulate major industrial polluters to ‘decarbonize’ their production processes and was drawn up in consultation with …
Read more “What can we learn from the Dutch national carbon tax?”
Key elements for the revision of the EU ETS The upcoming revision of the EU Emission Trading System represents a crucial opportunity to strengthen the Directive and ensure it contributes to the goals of the Paris Agreement. Carbon Market Watch believes that the upcoming review should include the following elements. An increase of the Linear …
Read more “Carbon Market Watch response to Inception Impact Assessment on the EU ETS”