Rather than propose amendments to the EU’s Emissions Trading System that would take the heat off the climate and serve society, European parliamentarians are squabbling over the quantity of freebies to offer polluting industries. The process of revamping the EU’s Emissions Trading System is in full swing. Members of the European Parliament’s Environment Committee have …
Read more “Milking the EU’s carbon market cash cow for industry”
In this joint statement, Carbon Market Watch and 12 other NGOs urge EU member states to link the proposed Carbon Border Adjustment Mechanism (CBAM) to the reform of the EU’s Emissions Trading System (EU ETS). This includes abolishing free pollution permits under the EU ETS.
Date and time: 25 January 2021, 10:30-15:00 CET (online). Watch the recording here or on YouTube (part 1 and part 2). Background: Last summer, the European Commission launched ‘Fit for 55′, a legislative package to revise the EU’s 2030 climate and energy framework. Key elements of the package include the revision and scaling up of the …
Some EU governments believe the ‘Fit for 55’ package is too ambitious but, in reality, it is not ambitious enough. More action is needed today because tomorrow will be too late to avoid catastrophic global warming, write Agnese Ruggiero and Andrew Marshall. This week, European environment ministers met in Luxembourg to discuss the draft ‘Fit …
Read more “How to get ‘Fit for 55’ in shape for the climate emergency”
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