Stop the ETS funding coal, Start a meaningful carbon price

A coalition of NGOs calls on the European Parliament, Council, and European Commission to ensure the post-2020 EU Emissions Trading System (ETS) supports the Paris Agreement. The statement argues that the ETS must stop subsidizing coal plants and instead tighten the carbon cap to drive decarbonization and a socially just transition, noting that unabated coal in Europe must reach zero by 2030 to meet climate targets.

• The signatories argue that the EU Emissions Trading System (ETS) must cease providing financial support to coal plants to align with the goal of keeping global warming well below two degrees, noting that IEA modelling indicates unabated coal in Europe needs to be eliminated by 2030.
• To achieve a carbon price that effectively drives decarbonization through the 2020s, the document asserts that the ETS carbon cap must be tightened in accordance with Paris climate goals and lowered to reflect actual progress.

APA

Carbon Market Watch (2017). Stop the ETS funding coal, Start a meaningful carbon price. https://carbonmarketwatch.org/publications/joint-ngo-statement-serious-paris-agreement/

Chicago

Carbon Market Watch. Stop the ETS funding coal, Start a meaningful carbon price. 2017. https://carbonmarketwatch.org/publications/joint-ngo-statement-serious-paris-agreement/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Stop the ETS funding coal, Start a meaningful carbon price |date=8 November 2017 |url=https://carbonmarketwatch.org/publications/joint-ngo-statement-serious-paris-agreement/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2017stop, author = {{Carbon Market Watch}}, title = {{Stop the ETS funding coal, Start a meaningful carbon price}}, publisher = {Carbon Market Watch}, year = {2017}, month = nov, url = {https://carbonmarketwatch.org/publications/joint-ngo-statement-serious-paris-agreement/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }