About: carbon market
COP25: Major developing countries still reluctant to amend Paris Agreement to ‘foot climate bill’
Countries such as Brazil, China and Saudi Arabia, are criticising Article 6 of the Paris Climate Agreement and its carbon offsetting mechanism even though they are currently not footing the "climate bill". A stance which climate advocates fear will weaken the entire treaty. EURACTIV France reports.
‘Coal bubble’ puts EU carbon market under threat, watchdog warns
As coal-fired power stations close down across Europe, unused carbon pollution permits are slowly building up in the EU’s Emissions Trading Scheme, creating a “coal bubble” that could send carbon prices crashing, campaigners warn.
EU carbon market is having a hard time being effective
11,000 industrial sites subject to the so-called Quotas Directive are collectively reducing their emissions. However, this is not necessarily because of the European emissions trading scheme (EU ETS). EURACTIV's partner le Journal de l'environnement reports.
Climate change: the pitfalls of carbon pricing
Antonin Pottier, a young researcher in economics at MINES Paris Tech, is highly critical in his published work of what he says is the excessive importance given to single carbon price. EURACTIV’s partner La Tribune reports.
China launches largest carbon market in the world
China launched what will become the world’s largest carbon market on Tuesday (19 December), surpassing the EU’s flagship market mechanism to cap and trade emissions. The scheme is part of a host of major policies China is using to peak its GHGs by 2030.
Carbon markets back in vogue at COP23
Carbon markets have become a vital piece of common ground for defenders of the climate. The tool is gradually extending around the world, bringing with it higher revenues. EURACTIV France reports.
EU and California to discuss linking carbon markets
The EU and California are beginning talks to potentially create a common carbon market that could also include China.
Carbon market reform: Much ado about nothing?
The European Parliament and several member states, including France, have excluded new coal plants from future financing under the EU’s reformed carbon market. EURACTIV France reports.
Without carbon tax, we are heading for climate doom
A high tax on carbon emissions is strictly necessary to halt climate change, according to Gaël Giraud, chief economist in the French development agency (AFD). EURACTIV’s partner Journal de l’Environnement reports.
Carbon neutrality by 2050: An ambitious and focused objective
In 2050, France will have to be carbon neutral. An objective that should prompt to action, accord to Renaud Bettin.
A fair EU carbon market: but for whom?
Amid calls from heavy industry to get more free pollution permits in the name of a ‘fair’ EU carbon market, Europe’s workers, taxpayers, and the climate must not be forgotten in the system’s design reform, writes Femke de Jong.
Only healthier diets can tackle climate change, experts claim
Governments are “trapped” by lobbyists, and it’s hard to fight climate change. But if young people are mobilised and turn to healthy lifestyles, there is hope, according to scientists. EURACTIV.com reports from Lyon.
EU ministers reach compromise on carbon market reform
EU ministers reached a compromise on reforms to the carbon emissions market yesterday (28 February), moving the European Union closer to adopting rules that are crucial to reducing greenhouse gas emissions in line with the Paris Agreement on climate change.
EU countries stall over carbon market reform
After more than a year of negotiations, EU member states have come up short in their efforts to find common ground on a carbon market reform seen as necessary if the ambitions of the Paris Agreement on climate change are to be met. EURACTIV France reports.
Parliament demands deeper cuts to industrial emissions
Lawmakers in the European Parliament's environment committee this week backed more ambitious carbon market reforms than those tabled by the European Commission. Convincing the plenary, and above all the member states themselves, to follow suit may prove more of a challenge, however. EURACTIV France reports.
FAO prepares to open carbon markets to the milk sector
Small-scale milk producers could soon have access to the carbon markets, thanks to a new methodology developed by the UN Food and Agriculture Organisation (FAO). EURACTIV's partner Journal de l'Environnement reports.
ETS emissions fall as EU cuts surplus carbon quotas
Greenhouse gas emissions from the main sectors covered by the European carbon market fell between 2014 and 2015, according to the European Environment Agency (EEA). EURACTIV's partner Journal de l'Environnement reports.
Multi-billion EU carbon market fraud operated from Poland
The founder of Poland's biggest carbon quota brokerage firm, whose name appeared in connection with the Panama Papers, has been found guilty of VAT fraud and sentenced to jail in France. Warsaw denies wrongdoing, calling the multi-billion fraud an "unfortunate incident". EURACTIV France reports.
EU carbon market fraudsters face heavy jail sentences
Carbon market fraud reveals the vulnerability of the EU's banking system. The speed of trading on the carbon market, coupled with lax enforcement in Cyprus and Lithuania, allowed French criminals to steal €283 million. EURACTIV France reports.
The EU’s ‘prisoner’s dilemma’ on climate action
Until the EU can agree on how to share its responsibility for climate action, it will not be able to sign the Paris deal. A high ambition coalition could accelerate this process. EURACTIV France reports.
Steelmakers fear extra costs from ETS reform
Carbon market reform could greatly increase production costs for the steel industry from 2020, a difference the European Commission wants to offset with cheaper energy and carbon capture and sequestration technology. EURACTIV France reports.
European businesses make billions from free carbon quotas
European industry still benefits too much from the carbon market, according to the NGO Carbon Market Watch. EURACTIV France reports.
European carbon market slumps after COP 21
The Paris climate agreement failed to have the desired impact on the European carbon market. Prices have fallen on the EU’s Emissions Trading System (EU ETS) since the agreement was signed in December. EURACTIV France reports.