Latest news and publications
€85bn delayed: 19 EU countries still haven’t filed their social climate plans a year on
A civil society coalition launches public ‘Leave fossil fuels behind, not people!’ petition and demands member state action on the first anniversary of missed deadline to apply for Social Climate Fund financing
Expanding EU carbon market for aviation would barely affect ticket prices, study finds, but would raise billions for climate action.
To sate their voracious appetite for greenwashing offsets, major fossil fuel companies have invested considerable resources and effort to lobby, both directly and indirectly, to weaken carbon market federal regulations in the United States and state regulations in California, concludes a new Carbon Market Watch investigation.
Dilution doesn’t fix pollution: ETS2 must work for people and climate
The Commission planted a carbon bomb in its proposal to reform the supply control mechanism within the EU’s carbon pricing scheme for road transport and buildings.
Presidential pardon gives no-cost airlines the all clear
Expanding the EU ETS to all departing EEA flights, including those operated by US airlines, is crucial to generate much needed revenue and spark aviation’s green transition.
With or without penalties, CORSIA doesn’t score for the climate
The International Civil Aviation Organisation hailed its Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) as a global, harmonised answer to aviation’s growing climate impact. Yet the reality is very different: patchy enforcement, limited coverage, and heavy reliance on problematic offsetting with carbon credits.
Limousines of the sky: EU must make private jet travellers pay for their pollution
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.
Stop blaming ETS – Exposing the myth of soaring ticket prices under an expanded aviation ETS
Aviation continues to enjoy massive tax privileges, dodging around €20 billion in taxation every year through exemptions on kerosene and no VAT on tickets. These loopholes are fundamentally incompatible with the EU’s climate objectives and the polluter-pays principle, which require proper taxation and carbon pricing. The exemptions underscore the need to extend the EU ETS to long-haul flights.
Ensuring an ambitious implementation of ETS2
Carbon Market Watch is calling on the European Commission, the European Parliament and EU member states to ensure an ambitious and timely implementation of the Emissions Trading System for road transport and buildings (ETS2).
ETS2 – early auctioning of allowances
Carbon Market Watch welcomes this Commission initiative and believes that early auctioning of 450 million ETS2 allowances should be taken forward. The effectiveness of the ETS2 to deliver meaningful and timely greenhouse gas emission reductions is being undermined by various initiatives, such as the watering down of the system through weakening the MSR and the one-year delay decided during the EU Climate Law revision.
