%%excerpt%% CMW response to European Commission consultation on CBAM downstream expansion and anti-circumventionIn this response to a public consultation, Carbon Market Watch urges the European Commission to place emissions reductions at the top of its policy priorities. New downstream products should only be added to the Carbon Border Adjustment Mechanism after a careful analysis assessing the global emission decrease the expansion could generate. Expanding the product list should not, under any circumstances, jeopardise the entry into force of the CBAM in 2026 nor should it delay the phasing out of free allowances under the EU Emissions Trading System (EU ETS).
In this policy briefing, CMW presents the main findings and shares our policy recommendations for how the EU should consider aviation carbon pricing.
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
Carbon Market Watch has joined 21 NGOs, trade associations, and businesses in a joint call for the inclusion of waste incinerators and landfills in the EU ETS. This initiative aligns with the EU ETS public consultation process, which will run until 8 July 2025, ahead of the legal review by the Commission due by July 2026.
A new report reveals that cookstove carbon projects eligible for the Korean Emissions Trading System are at risk of issuing 18 times more credits than they should, echoing past EU carbon market mistakes
CMW commissioned environmental consultants Ricardo to produce this study comparing the functioning of the EU ETS and CORSIA, and their respective climate ambitions.
In response to a European Commission consultation, CMW outlined its view on the role of permanent carbon capture and utilisation in the EU’s Emissions Trading System.
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This week, the rapporteur of the European Parliament’s Environment committee (Ian Duncan) published his draft report on the EU’s carbon market reform, kicking off the legislative debate. Disappointingly, the proposal fails to address the most pressing issues that need fixing in order to make the EU ETS fit-for-purpose and in line with the Paris climate agreement.
