Heavily polluting industries are on course to receive the lion’s share of Emissions Trading System (EU ETS) revenue earmarked for Flanders between now and 2030, depriving the government of desperately needed resources to finance decarbonisation and a just transition. The Flemish government must change course
Carbon Market Watch provided feedback to the European Commission’s consultation on the ‘Do No Significant Harm’ Principle, a criteria for EU funds that aims to ensure that EU projects do not contribute to environmental degradation.
With its focus on tonnes of carbon dioxide discharged into the atmosphere, the EU’s Emissions Trading System can appear to be technical and immaterial to most people. To uncover the human dimension of the EU ETS, with its challenges and opportunities, Carbon Market Watch and The Green Tank, visited Greece’s main lignite-producing region as it …
Read more “A breath of fresh air or an ill wind: The human benefits and costs of decarbonising coal regions”
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%. …
Read more “EU starts taking just transition seriously”