Carbon Market Watch

In the short term polluters can and should pay for building experience and technology development in the CDR sphere - on top of paying for their pollution. California could lead the way globally - but clearly big polluters are not happy Help Get California's Landmark CDR bill over the line! https://gofund.me/5ea1fd1c

The EU ETS revenue simulator is now online! The latest Carbon Market Watch tool allows you to work out how the revenue generated by the EU’s Emissions Trading System (EU ETS) changes based on a specific carbon price. You can input a carbon price to assess how it would affect expected revenue. You can also discover the volume of allowances that will be distributed for free, and the value of the revenues that are foregone as a consequence. The tool includes: 📊a revenue simulator ❔Q&A and detailed information 🔗additional sources to explore further Discover HERE: https://lnkd.in/eeUePH7y

🌴Before you head off for summer holidays check out this insightful article from theblacksea.eu investigating pie in the sky greenwashing claims made by Turkish Airlines that their carbon offsetting programme means that passengers ‘fly more environmentally friendly and contribute to a better life in the world.’🤦♀️ 🗞️The article states, “while carbon offsets may seem like a handy way for businesses to take responsibility and contribute to a cleaner planet, the system has come under significant criticism.” https://lnkd.in/ehqZ7CMW 🗣️Carbon Market Watch’s expert on decarbonisation of aviation and shipping Bastien Bonnet-Cantalloube, “In a nutshell none of those projects will make up for the huge climate impacts that operating flights – like Turkish Airlines does today – has on our planet.” 📽️Watch this video to learn more about the ‘hot air’ greenwashing claims of airlines: https://lnkd.in/eJka_z7a

🌳Carbon Market Watch has responded to the European Commission's call for evidence on the EU Land Use, Land Use Change and Forestry (LULUCF) Regulation 📰 Read here: https://lnkd.in/eD3pBDu9

🗣 In response to a European Commission consultation, CMW highlighted the potential risks of the inclusion of permanent carbon capture and utilisation in the EU's Emissions Trading System: https://lnkd.in/d3MvACWZ

Our latest FAQ, released in cooperation with Transport & Environment (T&E) and WWF European Policy Office, explains all you need to know about the EU’s Social Climate Fund (SCF) The SCF has been developed with the explicit purpose of alleviating energy and transport poverty arising from the new EU Emissions Trading System covering buildings and transport Our guide answers these need to know questions: 🤔 What is the Social Climate Fund? 💁♀️ Why was it established? 🤷♂️ Where does its money come from?  💶 How do member states receive funding? 💚 What can it be spent on? 🧐 Is there enough funding? To understand even more about the SCF and our policy recommendations to make it even more effective check out the full FAQ here: https://lnkd.in/ejiWWMEm Eleanor Scott Bernardo Galantini Mags Bird

To deal with the persistently high carbon footprint of farming, the European Commission is considering the possibility of establishing an EU Emissions Trading System for agriculture. But is an ETS for agriculture necessary and how should it be designed? Marlène Ramón Hernández looks for answers. https://lnkd.in/enZVxin7

📢 The science is clear: carbon offsetting is not a reliable tool for tackling the climate crisis. Over 80 civil society organisations are calling on climate target-setting bodies, including Science Based Targets initiative, to stick to the science. Our joint statement: https://lnkd.in/emedhcCJ

📢 We join our voice to that of over 80 civil society organisations to urge the Science Based Targets initiative (SBTi) and other bodies to disallow carbon offsetting. 📨 https://lnkd.in/emedhcCJ Backgrounder: https://lnkd.in/egSMpgmm