7 May 2026 | 11:00-12:00 CET | Online Join Climact and Carbon Market Watch for a deep dive into the future of the EU ETS. With the EU having committed to cutting net greenhouse gas emissions by 90% by 2040, and a scheduled update of the EU ETS and the Market Stability Reserve (MSR) set …
In this joint letter to the European Commission, Carbon Market Watch and allied NGOs demand that the EU executive refrain from meddling with the Market Stability Reserve, which underpins the EU’s Emissions Trading System and safeguards the carbon price by soaking up excess liquidity in the market.
CMW’s Jeanne Marullaz reports that there are clear signs of growing support for the EU Emissions Trading System as a driving force of both climate action and European competitiveness – from civil society to governments and industries
Despite being the most climate-damaging form of travel, private jet use has reached record highs, yet most flights are exempt from paying a carbon price, and all are exempt from fuel taxes. This must end.
As the European Union institutions prepare to embark on the final negotiations around the bloc’s diluted 2040 climate target, there is one last chance to shore up some of the goal’s loopholes for the good of the environment and society.
Although the European Union has the means and capacity to wave goodbye to fossil fuels by 2040, EU environment ministers have backed an unambitious climate target for that year that unfairly shifts some of the burden for domestic climate action to the Global South and future generations.
In this policy briefing, CMW presents the main findings and shares our policy recommendations for how the EU should consider aviation carbon pricing.
By confronting the aviation industry’s full climate impact, our research shows that by applying the polluter-pays principle and expanding carbon pricing to non-covered aviation climate impacts, there could be a tenfold increase in EU ETS revenues between 2025 and 2040 from the aviation sector.
The continued allocation of free emission allowances has contributed to the limited decarbonisation of steel, cement and chemicals sectors, which remain the major sources of EU industrial CO2 pollution.
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