EU carbon market report underlines the need to end pollution handouts

by Agnese RuggieroAviation, EU carbon marketPosted on Comments are Disabled

While the EU carbon market is helping to clean up Europe’s power sector, industrial CO2 pollution remained stubbornly high, and that from aviation kept growing in 2019. This is partly due to overly generous handouts of pollution permits. These subsidies must be phased out to incentivise cleaner production and more sustainable transport as the scheme …

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Carbon Market Watch Newsletter – October 2020

by Kaisa AmaralAviation, Decarbonising European industry, EU carbon market, Global markets, National Energy and Climate Plans (NECPs), The EU Green Deal and Climate LawPosted on Comments are Disabled

Green Commitment Or Greenwashing? Since last year, Shell has been offering European motorists “carbon neutral” driving and recently Total announced that it is now selling “carbon neutral” liquified natural gas. Are the fossil fuel giants going green? No, we are not talking about electric car charging stations or renewable fuels. Both Shell and Total are …

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EU Commission waters down carbon market state aid rules to please large polluters

by Wijnand StoefsEU carbon marketPosted on Comments are Disabled

The final EU carbon market state aid rules will ensure massive handouts of taxpayer money to large polluting industries such as oil refineries and plastic producers over the next decade.  The EU ETS state aid guidelines for 2021-2030 set the framework for EU countries to compensate their electricity-intensive industries deemed at risk of ‘carbon leakage’ …

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Airlines continue to push against climate policies as EU Commission proposes new rules

by Ilaria ButtuAviation, EU carbon marketPosted on Comments are Disabled

Airlines have been hit hard by the pandemic induced economic slowdown and travel restrictions, but are also using the situation as an excuse to lobby even harder against climate regulations. As the EU works on its aviation climate package, it must ensure that – like other transport modes – the sector pays for its pollution …

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Watch This! Civil Society Newsletter Q3

by Andrew Coiley2050 climate strategies, EU carbon market, Global markets, The EU Green Deal and Climate LawPosted on Comments are Disabled

Scroll down for French and Spanish Ambitious EU/China climate news muted amid COVID chaos Dear members, friends & colleagues, Welcome to this quarter’s edition of the Watch This, a civil society newsletter by Carbon Market Watch. In this edition we look at some big climate announcements that have struggled to get the recognition they deserve during these increasingly troubling …

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Europe’s new climate pledge: more than a glossy magazine cover?

by Andrew Coiley2050 climate strategies, Decarbonising European industry, EU carbon market, The EU Green Deal and Climate LawPosted on Comments are Disabled

Scroll down for French and Spanish Interview with Agnese Ruggiero In a ‘normal’ year last month’s big climate announcements by Europe and China would have been a major international talking point, sadly this year is nothing but normal!  First, the EU Commission during the State of the Union speech set out a plan to raise …

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Carbon Market Watch Newsletter – September 2020

by Kaisa AmaralAviation, EU carbon market, Global markets, National Energy and Climate Plans (NECPs), Shipping, The EU Green Deal and Climate LawPosted on Comments are Disabled

Europe’s renewed climate commitment under scrutiny Dear friends, The European Commission has proposed to strengthen Europe’s 2030 climate target to at least 55%. While a very positive development, the new target nevertheless falls short of what science says is needed for the EU to do its share to keep global warming at safe levels. Critically, …

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Why bringing transport and buildings under the EU carbon market is not a good idea

by Kaisa AmaralEU carbon marketPosted on Comments are Disabled

Extending the EU carbon market to cover buildings and transport would not reduce emissions but could undermine existing legislation and risk instability on the market.  Last week, the European Commission published its proposal for a higher EU 2030 climate target of at least 55% along with a plan for getting there in practice. As a …

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