This document contains Carbon Market Watch’s feedback to the European Commission’s proposal to amend the European Climate Law. It analyses the challenges and shortcomings of the proposal and makes a series of recommendations to remedy them.
Carbon Market Watch calls for an explicit end to linking EU ETS revenues and indirect cost compensation. The potential expansion of indirect cost compensation to further sectors risks to seriously undermine the decarbonisation efforts of industries such as chemicals.
15 September 2025 | 14.00-15:30 CET | Online
%%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).
The continued allocation of free emission allowances has contributed to the limited decarbonisation of steel, cement and chemicals sectors, which remain the major sources of EU industrial CO2 pollution.
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.
Although the European Commission has consulted with a wide range of stakeholders to investigate how to slash emissions from the agrifood sector in the 2030s, the options on the table indicate that the EU is not serious about tackling the roots of the issue.
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes this study
18 June 2025 | 14.30-16.00 CET | Online
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