Carbon Market Watch Newsletter – February 2020

International transport can no longer dodge climate responsibility  Dear friends, Two important climate meetings – on international aviation and shipping – will take place in March. International transport is not included in countries’ national climate pledges under the Paris Agreement. The task to address the massive climate impact of these sectors lies with the responsible UN …

NGO letter to the European Commission on the industrial strategy

Civil Society Organisations’ recommendations for the new EU Industrial Strategy – Making the new European industrial strategy an enabler of a just transition to a carbon-neutral, circular and zero-pollution economy. Europe faces a climate and environmental crisis. Scientists, experts, the political classes and civil society all agree that we urgently need to decarbonise all sectors …

High time the maritime sector sailed into the EU carbon market

The EU is considering putting a price on carbon pollution from ships in the absence of movement in the international talks. While not enough to curb the sector’s soaring emissions, bringing it under Europe’s carbon market would be a big step in the right direction. Right now finding the solutions to cut greenhouse gas (GHG) …

EU carbon market state aid rules moving in the right direction – but not far enough

New EU state aid guidelines for compensating industry for higher electricity costs under the EU carbon market reduce the number of eligible sectors and limit aid to those investing in energy efficiency. However, if this so far inefficient and expensive scheme is to continue, further significant improvements are needed to ensure that it helps Europe …

EU carbon market needs an overhaul to deliver Green Deal

MADRID/BRUSSELS 11 December 2019. The European Green Deal, presented today by the EU Commission, must lead to short-term action and a rapid introduction of a 65% emission reduction target for 2030. Carbon Market Watch welcomes the proposals to include the shipping sector under the EU carbon market and to reduce free allocation for the aviation …

Wird der deutsche CO2-Preisplan der Herausforderung des Klimawandels gerecht?

… und wie sieht die Zukunft für den EU-Kohlenstoffmarkt aus? Ein Interview mit Sabine Frank Meinen Sie, dass das Klimapaket der Bundesregierung und sein CO2-Preiselement der Aufgabe gewachsen sind, den Wandel zu Klimaneutralität im Land voranzutreiben? Es ist ein Fortschritt, die Umweltverschmutzung im Verkehrs- und Wärmesektor zu verteuern. Aber der Schritt selbst ist nicht groß …

Is the German carbon pricing plan fit for purpose?

…and what does the future look like for the EU carbon market? An interview with Sabine Frank, director of Carbon Market Watch A German version here Do you think that the German government’s climate package and its carbon pricing element are up to the task to drive a clean transition in the country? Putting a …

What does flight shame have to do with global carbon markets?

In two parallel global climate processes governments need to finalise details for both international carbon markets under the Paris Agreement and the future aviation offsetting scheme CORSIA. Meanwhile, citizens are losing patience with their leaders that move too slowly in the face of a climate breakdown. Strong action is therefore expected from decision-makers if they …

Time to steer shipping into the EU carbon market

First published on Euractiv The UN shipping body’s failure to agree on immediate climate measures means the incoming European Commission President, Ursula von der Leyen, must make good of her promise to include the maritime sector under the EU Emissions Trading System (EU ETS). The International Maritime Organisation (IMO) last week once again postponed decisions on concrete …