About: carbon market
UN climate agreement clinched after late drama over coal
UN climate talks ended Saturday (13 November) with a deal that for the first time targeted fossil fuels as the key driver of global warming, even as coal-reliant countries lobbed last-minute objections.
Pressure mounts as UN climate negotiations enter final day
Negotiators at the UN climate summit in Glasgow are expected to lock horns on Friday (12 November) for what is scheduled to be the final day of bargaining over how to stop global warming from becoming catastrophic.
Lack of green maritime fuels makes liquid natural gas a necessity says Commission
Liquid natural gas (LNG) is a necessary transitional fuel to decarbonise EU maritime activities as the available quantities of zero, or low-carbon fuels are currently insufficient, the European Commission has said.
EU urges markets to ‘keep calm’ as carbon price hits €60 record
A senior European Commission official insisted on delivering “a message of calm” during a EURACTIV event on Thursday (2 September), as CO2 prices rose for the first time above the €60 threshold on the EU carbon market.
COVID in continuum: EURACTIV’s 2021 summer review
Even journalists need holidays, though whether we can use them to go anywhere these days is more complicated. As we pack our real and metaphorical bags for the summer recess, we offer a look back at some of the headlines that have dominated the first seven months of 2021
France sceptical about extending carbon pricing to buildings, transport
France expressed "reservations" about the social consequences of extending the carbon market to the building and transport sectors, a proposal put forward by the European Commission on Wednesday (14 July). EURACTIV France reports.
EU sets the scene for carbon removal actions in farming
A new carbon removal approach in agriculture will contribute to stepping up Europe's climate ambition, the European Commission reiterated at the launch of its massive plan to cut carbon emissions by 55% before the end of the decade.
Planned EU carbon market reform is ‘politically suicidal’, warns French MEP
Plans to extend the EU's carbon market to transport and buildings would be "politically suicidal" and risk triggering social unrest similar to the 2018 Yellow Vests movement in France, warned French MEP Pascal Canfin last week. EURACTIV France reports.
EU confirms carbon market permit surplus grew in 2020
The amount of permits in circulation in Europe's carbon market increased last year, as the COVID-19 pandemic caused emissions covered by the scheme to drop, the European Commission said on Wednesday (12 May).
EU carbon price hits record €50 per tonne on route to climate target
The European Union carbon price hit a record high of above €50 per tonne on Tuesday (4 May), a key milestone in what analysts say is likely a long-term climb towards the price levels needed to trigger investments in innovative clean technologies.
A way forward to bring transport and buildings in the ETS
Rapid emission cuts need one carbon price for all sectors, including transport and buildings. But to move quickly enough, we should allow some differentiation for a limited time, writes Georg Zachmann.
EU, Switzerland to link emissions trading platforms from September
A planned link-up of the EU and Swiss carbon markets will be operational from September, the European Commission said, giving companies a broader pool of potential partners with which to trade emissions permits.
How the coronavirus outbreak affects the EU’s 2030 climate targets
Ultimately, the coronavirus pandemic may slow down initial plans to adopt the European Climate Law and a number of other climate-related policy proposals, writes Robert Jeszke.
Achieving 1.5°C warming goal requires rapid reform of EU carbon market
To deliver quick results at least political cost, the European Commission should focus on two measures when revising the EU Emissions Trading Scheme: strengthening the cap and enhancing the Market Stability Reserve (MSR), write Mari Pantsar and Outi Haanperä.
EU carbon border tax cheaper and fairer than French energy levy, says report
The European Commission's carbon border tax proposal would have a small impact on French households, unlike the country's own proposal to tax energy which prompted the birth of the 'gilets jaunes' movement. EURACTIV France reports.
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.