What does Carbonkiller want to achieve?

The EU’s Emissions Trading System (EU ETS) is Europe’s main climate instrument for achieving a reduction in CO2 emissions in the Netherlands and throughout all of Europe. However, most people just find it rather complicated. This results in the fact that politicians mostly yield to the strong lobby of major polluters. Carbonkiller wants to change this. Together we increase pressure on decision makers to put a meaningful price on pollution by making Europe’s key climate instrument more ambitious. 

These are our main goals:

  • Reduce the number of CO2 permits in circulation.
  • Increase the price of CO2 permits in the EU ETS.
  • End all free allocation to the industry
  • Ensure national governments spend all ETS revenues on real climate action. 

By purchasing CO2 permits and destroying them, you are showing that you care about fair pricing of CO2. Carbonkiller can use this in the debate on the review of the EU ETS. 

These are our main asks to the Dutch and European government:

The Netherlands can improve the ETS by:

  • Cancelling permits when the production capacity of renewable energy increases to avoid a further increase in the oversupply of permits.
  • Closing coal-fired power stations in an accelerated pace and cancelling the corresponding permits to offset the indirect waterbed effects.
  • Earmarking EU ETS revenues and spending them on real climate action. More ETS revenues should lead to higher climate funds. 
  • Stop the subsidy for industries in the form of 'indirect cost compensation'. At the moment, citizens are charged ETS energy prices, while polluting companies received compensations.

The EU can improve the ETS by improving the ETS proposal in the following areas:

  • Face out free allocation for industries much sooner than 2035.
  • Better define how ETS revenues should be spend, using the 'do not significant harm principle'.
  • Increase the ambition of the reduction targets, and improve the mechanisms that can achieve that such as the Market stability reserve and the benchmarks for free rights. 


Emission trading