The number of carbon offsets used in 2013 by companies in the EU Emissions Trading Scheme (ETS) was publicly released today but a dramatic reduction in the data made available was condemned by Sandbag Climate Campaign, the Climate Market & Investment Association (CMIA), and Carbon Market Watch.
Today, the Environment and Public Health Committee (ENVI) at the European Parliament voted against a deal that would have extended the derogation for intercontinental flights from the EU Emissions Trading System.
Carbon Market Watch welcomes the European Commission’s proposal to end the EU’s dependency on international offsets in its 2030 climate package but says the failure to address the current oversupply of 2 billion emission permits in the European emissions trading scheme will weaken the real-world impact of the new targets. Eva Filzmoser, Director of Carbon …
Read more “EU climate package to end access to international offsets”
Synopsis Recode takes a fresh look at forest carbon; exploring the initiatives currently being developed to reduce emissions with forest resources. While outlining the current market approaches to emission sequestration, Recode addresses some of the drivers of deforestation and various efforts aimed at its containment in developing countries. Recognising the socioeconomic challenges surrounding forests …
Photo: Euobserver By Adela Putinelu, Policy Assistant, Carbon Market Watch EU policymakers want to take stock of the 2020 climate legislation so as to choose its 2030 targets and feed this into the EU’s pledge for a post Kyoto pact to be decided in 2015 in Paris. The European Commission has released a Green Paper together …
By Andrew Coiley, South Asia Project Coordinator, Carbon Market Watch New figures released by the European Union for its Emissions Trading Scheme (ETS), the world largest emissions trading platform show that quality standards are needed for airlines to stop investments in cheap offset credits that clearly lack environmental integrity. In recent years international aviation has …
Today, the EU Climate Change Committee approved a draft regulation by the European Commission that allows operators under the EU ETS to continue the use of more than 600 million offset credits for compliance with emission limits from 2013 to 2020. Carbon Market Watch calls on the European Parliament to review the quantity entitlements and to introduce quality restrictions that ensure that credits from business as usual projects that pose an immediate threat to the EU ETS will not be allowed.
Today, the European Parliament voted in favor of the back-loading proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch welcomes the outcome as a first step towards structural reform of the EU ETS but urges to restrict international offsets.
Yesterday the European Parliament’s Environment Committee voted in favour of a compromise deal on the European Commission proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch criticizes the outcome as stifling and calls on the European Parliament’s plenary to reconsider the vote.
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
