After receiving billions in state aid and free pollution subsidies to decarbonise its production, steel producer ArcerlorMittal put its clean steel projects on hold.
Carbon Market Watch commissioned environmental consultants Ricardo to produce a study comparing the functioning of the EU ETS and CORSIA, and their respective climate ambitions. In this policy briefing, we present the study’s main findings and formulate policy recommendations.
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.
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.
All but one European Union member state have fallen foul of the date to enter the new Emissions Trading System for road transport and buildings (ETS2) in the national law books. This delay sends completely the wrong signal, argues Eleanor Scott.
Heavily polluting industries are on course to receive the lion’s share of Emissions Trading System (EU ETS) revenue earmarked for Flanders between now and 2030, depriving the government of desperately needed resources to finance decarbonisation and a just transition. The Flemish government must change course
CO2 and non-CO2 emissions caused by flying aren’t simply lost in the clouds. There are actions policymakers and airlines can take today to alleviate aviation’s climate impact, explains CMW’s Bastien Bonnet-Cantalloube Summer has arrived, and it is time for that well earned holiday. However, when fretting over the last-minute stuffing of the suitcase or the …
Read more “Summer hot ticket: Why flying has twice the climate impact you’d expect”
Our latest FAQ has the answers to everything you always wanted to know about the EU Emissions Trading System revenues
Our latest FAQ has the answers to everything you always wanted to know about the Social Climate Fund
The revision of the EU Emissions Trading System (EU ETS) in 2023 expanded the scope and reformed other aspects of the ETS to align with the EU’s climate goal of 55% net emissions reductions by 2030. As a result, many changes were made to the system including the creation of an emissions trading system to …
Read more “Modelling 2030: how the reformed EU ETS affects your member state”
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