Environment ministers weaken Emissions Trading System in a race to the bottom with European Parliament

Rather than correct course after the European Parliament’s shocking abrogation of responsibility, EU environment ministers have lowered the ambition of the EU ETS even further. Moreover, the Environment Council has offered heavy industry billions in generous freebies while leaving households to pay the bill.

Carbon Market Watch’s feedback to energy taxation directive impact assessment

Carbon Market Watch welcomes the opportunity to provide feedback on the ETD revision. Several aspects of this directive are crucial to set the EU on a  pathway compatible with the Paris Agreement’s objectives. Carbon Market Watch supports the revision of the Directive, in particular with regard to the aim of “aligning taxation of energy products …

What does the EU Climate Law have to do with cement?

Committing to climate neutrality in the long term sends an important signal, but getting there needs short-term climate action and will not happen without cleaning up Europe’s heavy industry.  The European Green Deal was unveiled by the European Commission led by Ursula von der Leyen in December 2019. It is the new Commission’s master plan …

EU starts taking just transition seriously

The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens the case for raising the EU’s 2030 climate target to 65%. …

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 …