EU lawmakers support the expansion of Europe’s carbon market to shipping as global talks are adrift 

BRUSSELS, 15 September 2020. The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is …

Shipping pollution should be covered by Europe’s carbon market – EU lawmakers

BRUSSELS, 7 July 2020.  European Parliament environment committee members have voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as the first step towards putting a price on …

Carbon Market Watch Newsletter – June 2020

EU Green Deal at the heart of post-corona Europe Dear friends, Our leaders are hoping to clinch a deal in the coming weeks on the EU’s financial recovery package and the multi-annual budget. In September, we expect the European Commission to announce its proposal for an improved 2030 climate target. The science says that Europe …

The EU Emission Trading System – carbon pricing as an important tool to achieve the objectives of the Green Deal

First published in ECA Journal 02/2020: Climate Change and Audit By Sabine Frank, Executive Director, Carbon Market Watch In a world that is increasingly feeling the consequences of climate change, the idea of polluters paying for their pollution makes more and more sense. The EU’s Emission Trading System (ETS) reflects exactly that thought and is …

“Conservative” EU carbon market alone will not drive the clean industrial revolution

Carbon Market Watch webinar discussed opportunities and barriers to the decarbonisation of cement and steel sectors Europe will not become climate neutral without decarbonising its heavy industry. Technical solutions to achieve deep emission cuts in sectors such as steel and cement exist, but strengthening the EU carbon market and implementing a smart mix of policy …

The EU to improve its carbon market rules despite corona – survey

The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market.   First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas …

Corporate climate lobbying in times of corona

Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing, climate action and just transition Episode 2: Corporate climate lobbying in times of corona Carbon Market Watch · [Carbon Countdown] EPISODE 2: Corporate climate lobbying in the times of corona Music: Ambient Technology by Joystock – https://www.joystock.org The Covid-19 debate …

Lead EU lawmaker’s strong call for climate action

4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the …

Carbon Market Watch Newsletter – April 2020

Blank cheque bailouts to polluters are not the way out of the pandemic Dear friends, This week we heard encouraging messages from the Petersberg Climate Dialogue, an annual global meeting of environment and climate ministers. In their video statements (how else?), leaders from across the world vowed to deliver a green recovery. Their message was …