An industrial deal, but not a clean deal
The European Commission’s Clean Industrial Deal and Omnibus package supports big polluters while the EU’s climate goals are missing in action
EU carbon market pays polluters instead of financing clean industrial revolution, says new report
Heavy industries covered by the EU Emissions Trading System (ETS) received most of their pollution permits for free, effectively subsidising Europe’s dirtiest businesses, a new report by Carbon Market Watch and WWF reveals. This wasteful and inefficient policy cost society €40 billion.
EU scientific body’s call for separate binding climate targets aligns with civil society
In its freshly published report on scaling up carbon dioxide removals in the EU, the European Scientific Advisory Board on Climate Change (ESABCC), established by the EU Climate Law, makes setting separate climate targets its number one recommendation. This aligns with what Carbon Market Watch and other stakeholders have been advocating.
Stop the steel: Despite hefty subsidies, ArcelorMittal backpedals on decarbonisation
After receiving billions in state aid and free pollution subsidies to decarbonise its production, steel producer ArcerlorMittal put its clean steel projects on hold.
CO2ol Down’s common EU vision for carbon removals: Legitimacy through co-creation
A novel co-creation initiative involving a broad spectrum of stakeholders led to the development of a joint blueprint for carbon removals policies in the European Union.
Project for fair and EFFECTive EU carbon trading policies officially springs into Life
Carbon Market Watch is campaigning alongside eight EU and national civil society organisations for the imminent Emissions Trading System for road transport and buildings and the Social Climate Fund to deliver a fair and effective decarbonisation transition.
Competitive, but at what cost?
There is an increasing need for both public and private expenditure, and an availability of growing ETS revenues. Those delivering the most climate action must be rewarded.
Trading in hot air: Why a market in temporary carbon removals is a bad idea
Carbon farming and other forms of nature-based temporary carbon sequestration will not store CO2 long enough to tackle the climate crisis nor help farmers. We need better tools, argues Sabine Frank.
International maritime sector must set sail for a just and clean transition
Parties to the International Maritime Organisation are meeting in London to discuss various proposals to decarbonise the shipping sector. Carbon Market Watch gives our verdict over what’s on the table.
FAQ: The EU Carbon Border Adjustment Mechanism (CBAM)
Our latest FAQ has the answers to everything you always wanted to know about the Carbon Border Adjustment Mechanism.
