The Free Allocation Regulation (FAR) revision is a necessary step to ensure the last years of the free allocation system are coherent with the aim of a full phase-out by 2030 (or 2034 for CBAM sectors) and provide the investment signals necessary to funnel funding into industrial decarbonisation.
The EU’s Emissions Trading System (EU ETS) is being expanded to cover shipping. But what does this involve and what does it mean for the maritime sector?
Steelmaking represents the most polluting industrial sector in the EU. Delaying the transition to net-zero steelmaking in anticipation of a fully effective carbon pricing mechanism will prove too late.
Le présent rapport examine un éventail d’approches, qu’elles soient réglementaires — incluant des systèmes d’échange de quotas d’émission, des incitations fiscales et des subventions publiques directes — ou volontaires. En s’appuyant sur leurs limites, ainsi que sur des concepts prometteurs et des leçons tirées des cadres étudiés, il esquisse les grandes lignes d’une politique de CDR raisonnable.
This paper reviews a variety of regulatory approaches to carbon dioxide removals (including emissions trading systems, tax incentives and public direct subsidies) and voluntary approaches, and, building upon failures, promising concepts and lessons learned from the reviewed frameworks, sketches a blueprint for sensible CDR policy design.
Emissions Aristocracy of just 30 companies spews out half of the greenhouse gases covered by the European Union’s Emissions Trading System (EU ETS), representing a quarter of the EU’s carbon footprint, a CMW report uncovers.
Carbon Market Watch presents a unique, first-of-its-kind report pairing EU ETS account holders (and their installations) to their parent companies, assessing the highest level of private ownership possible. This report presents an overview of which companies have the biggest carbon footprint in the EU, who received the most free pollution permits, and which sectors are not delivering on their decarbonisation promises.
Policymakers must break the magnetism between carbon markets and carbon removals by putting in place non-market incentives. This requires a rethinking of the EU’s Carbon Removals Certification Framework process and setting the right targets for 2040.
A recent report by Carbon Market Watch of 20 global, EU, national and sub-national climate policy frameworks shows that not one governs carbon removals in an environmentally sound way.
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