Being serious about the Paris Agreement: Stop the ETS funding coal, Start a meaningful carbon price
Summary
A coalition of NGOs calls for the EU to ensure the post-2020 EU Emissions Trading System (ETS) does not subsidize coal plants and implements a tightening emissions cap to drive decarbonization in line with Paris Agreement goals.
Key insights
- The signatories argue that the EU ETS must cease subsidizing coal plants to align with the goal of keeping global warming well below 2°C, noting that IEA modelling indicates unabated coal in Europe must reach zero by 2030.
- To achieve a carbon price that drives decarbonization through the 2020s, the document asserts that the ETS emissions cap must continue to tighten and be adjusted downwards according to Paris climate goals.
Cite the original document
- APA
- Carbon Market Watch (2017). Being serious about the Paris Agreement: Stop the ETS funding coal, Start a meaningful carbon price. https://carbonmarketwatch.org/wp-content/uploads/2017/11/Joint-NGO-statement-on-ETS-revision-1.pdf
- Chicago
- Carbon Market Watch. Being serious about the Paris Agreement: Stop the ETS funding coal, Start a meaningful carbon price. 2017. https://carbonmarketwatch.org/wp-content/uploads/2017/11/Joint-NGO-statement-on-ETS-revision-1.pdf.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=Being serious about the Paris Agreement: Stop the ETS funding coal, Start a meaningful carbon price |date=11 November 2017 |url=https://carbonmarketwatch.org/wp-content/uploads/2017/11/Joint-NGO-statement-on-ETS-revision-1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2017being, author = {{Carbon Market Watch}}, title = {{Being serious about the Paris Agreement: Stop the ETS funding coal, Start a meaningful carbon price}}, publisher = {Carbon Market Watch}, year = {2017}, month = nov, url = {https://carbonmarketwatch.org/wp-content/uploads/2017/11/Joint-NGO-statement-on-ETS-revision-1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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