Letter sent to the European Commission by 116 academics, businesses, civil society organisations and research institutions urging the EU to separate emissions reductions, land-based sequestration and permanent carbon removals in the EU’s post-2030 climate framework. This separation should be at the heart of both the setting and the implementation of the 2040 target and associated …
Read more “Open letter on separate targets in 2040 climate framework”
A large part of heavy industry carbon emissions is exempted from ETS obligations. The allocation system of free emissions allowances was designed to shield European heavy industries from the purported risk of “carbon leakage”, the alleged risk that industries will relocate their production outside of the EU to countries or regions with more lenient carbon emission policies.
Carbon Market Watch colleagues met on 11 December to brainstorm a name and a logo to accentuate our Milkywire Climate Transformation Fund supported carbon dioxide removals (CDR) campaign.
Merry ETSmas!
The EU through its Emissions Trading System giftwraps free pollution permits to 30 grossly wealthy energy production and heavy industry companies causing 25% of the bloc’s emissions.
Over the 12 days of ETSMas we counted down the EU’s luckiest polluters.
Revenue from the EU’s Emissions Trading System (EU ETS) continues to be spent on subsidising heavy industry pollution rather than on climate action and ending energy poverty.
Today’s vote at the European Parliament paves the way to interinstitutional negotiations on the Carbon Removals Certification Framework. The EU institutions urgently need to hammer out the many imperfections of the CRCF to ensure that carbon removals become an effective climate action tool.
With shipping due to enter the EU’s Emissions Trading System (EU ETS) in 2024, North Sea Port in Belgium is striving to put more wind in the sails of its climate strategy.
The European Union is starting the long process towards establishing the bloc’s post-2030 climate policy framework and Carbon Market Watch wants to make sure that slashing emissions is the absolute priority.
The European Union’s expansion of the European Emissions Trading System, known as ETS2, will extend the “polluter pays” principle to buildings and road transport. This will make carbon pricing more tangible to EU citizens but can also help them decarbonise.
Carbon Market Watch (CMW) has delivered a strong verdict on the role of carbon removals and temporary carbon storage in the hierarchy of climate action in a pair of complementary reports released on 25 September 2023. A study of policy frameworks around the world shows that policymakers are getting it wrong.
