Carbon Market Watch Newsletter – January 2017

by Kaisa AmaralEffort Sharing Regulation, EU carbon marketPosted on Comments are Disabled

Editorial The EU’s effort sharing regulation has grabbed our focus this month, as 2017 gets off to a challenging start for climate aficionados. Yesterday we had the pleasure of showcasing our new Effort Sharing Emissions Calculator to policymakers and NGOs at the European Parliament, where issues on climate change continue to be taken seriously. In December the European Parliament’s ENVI committee agreed on recommendation for phase IV of the Emissions Trading …

Read more “Carbon Market Watch Newsletter – January 2017”

Media advisory: Loopholes in key climate law put EU’s emissions reduction target at risk

by Kaisa AmaralEffort Sharing RegulationPosted on Comments are Disabled

BRUSSELS 24 January 2017. Rather than reducing emissions by 30% from transport, agriculture, buildings and waste sectors, the EU could be heading towards only 23% cut by 2030. Carbon Market Watch and Transport & Environment launch an online tool to help calculate the impact on climate goals of ‘flexibilities’ in one of the bloc’s key …

Read more “Media advisory: Loopholes in key climate law put EU’s emissions reduction target at risk”

Europe’s emissions trading system lives to fight another day

by Kaisa AmaralEU carbon marketPosted on Comments are Disabled

Strasbourg, 15 December 2016. Today members on the European Parliament’s environment committee voted on the revision of the EU’s Emission’s Trading System (EU ETS). The vote enables faster cuts in Europe’s carbon pollution but falls short of putting a halt on free handouts to polluters. The EU ETS is the world’s largest carbon market and …

Read more “Europe’s emissions trading system lives to fight another day”

EU fuel quality rules too weak to change oil industry practices; now governments must act

by Kaisa AmaralGlobal marketsPosted on Comments are Disabled

BRUSSELS, 1 December 2016. The European Commission’s guidelines on reducing emissions ‘upstream’ from oil refineries are too weak to drive real action by the oil industry because they leave open the door to questionable carbon offsets, green groups Carbon Market Watch and Transport & Environment (T&E) have said. However, national governments can still strengthen the …

Read more “EU fuel quality rules too weak to change oil industry practices; now governments must act”

Overview of Carbon Market Watch’s activities at COP22

by Kaisa Amaral2050 climate strategiesPosted on Comments are Disabled

Carbon Market Watch organized two side events during COP22 Our official event was on the future of carbon markets. Download the presentations here and watch it again here. TODAY: come to our #COP22 side event on #carbonmarkets in the #ParisAgreement at 3 GMT! Or watch it online here: https://t.co/Itpxqk9OiV pic.twitter.com/NK6GXqCl4Z — Carbon Market Watch (@CarbonMrktWatch) 8 …

Read more “Overview of Carbon Market Watch’s activities at COP22”

Cement industry made €5 billion in pollution windfall from EU’s carbon market

by Kaisa AmaralEU carbon marketPosted on Comments are Disabled

BRUSSELS 30 November 2016. The European cement sector has earned over 5 billion euros from the EU’s Emissions Trading System (EU ETS) according to updated windfall calculations taken from 2008-2015. The findings from independent analysts at CE Delft highlight the urgent need to drastically curb the volume of free pollution permits handed out to carbon-intensive …

Read more “Cement industry made €5 billion in pollution windfall from EU’s carbon market”

Media advisory: EU climate policy should not be the scapegoat for oversupplied steel market

by Kaisa AmaralEU carbon marketPosted on Comments are Disabled

Updated on 7/11/2016 at 17:50 Media advisory by Carbon Market Watch and Sandbag ahead of European Steel Action Day on 9 November BRUSSELS | LONDON, 7 November 2016. This Wednesday, IndustriAll Trade Union organises a demonstration in Brussels demanding actions against the European steel sector’s economic decline. Some of the unions perceive the EU’s emissions …

Read more “Media advisory: EU climate policy should not be the scapegoat for oversupplied steel market”

NGOs tell environment ministers to beef up effort sharing ambition

by Kaisa Amaral2050 climate strategiesPosted on Comments are Disabled

On Monday 17 October, the EU environment ministers’ will discuss for the first time the national 2030 climate targets for the transport, agriculture, waste and buildings sectors. Ahead of the meeting, a group of 29 organisations urges ministers to close loopholes in the climate law that will determine how the Paris Agreement is put into action in Europe.