Brussels – Clean Air Task Force (CATF) and Danish think tank CONCITO announce a collaborative project aimed at contributing to a climate-proof, effective, and knowledge-based development of emissions trading in the European Union (EU). The project comes at a crucial juncture as the EU strives to achieve its ambition of becoming climate neutral by 2050.
While rapid and significant reductions in emissions must be the cornerstone of climate action, permanent carbon removals will have a role to play to achieve zero-net greenhouse gas emissions by 2050.
The emerging CO2 storage market in Europe is becoming increasingly controlled by a North Sea monopoly, putting at risk the decarbonisation of Southern and Eastern Europe.
A new CONCITO report assesses the potential and risks of bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS) in the EU with a specific focus on biomass resources.
European agriculture must deliver unprecedented reductions of greenhouse gas emissions while also providing enough food for European citizens and the world. This calls for new and stronger measures in the EU such as emissions trading for agriculture.
The EU needs more accurate modelling tools for its climate policies, as the current information is often not up-to-date and does not reflect the rapid development in green technologies.
In the EU, negotiations on new rules for free allowances in the Emissions Trading System are entering into their decisive phase. The allocation of free allowances overrides the ‘polluter pays principle and slows down decarbonization. Free allowances should therefore be phased out more quickly, and the allocation of free allowances should be better targeted.
CONCITO brief
By Martin Birk Rasmussen, International klimaanalytiker
Brussels – Clean Air Task Force (CATF) and Danish think tank CONCITO announce a collaborative project aimed at contributing to a climate-proof, effective, and knowledge-based development of emissions trading in the European Union (EU). The project comes at a crucial juncture as the EU strives to achieve its ambition of becoming climate neutral by 2050.
While rapid and significant reductions in emissions must be the cornerstone of climate action, permanent carbon removals will have a role to play to achieve zero-net greenhouse gas emissions by 2050.
The emerging CO2 storage market in Europe is becoming increasingly controlled by a North Sea monopoly, putting at risk the decarbonisation of Southern and Eastern Europe.
European agriculture must deliver unprecedented reductions of greenhouse gas emissions while also providing enough food for European citizens and the world. This calls for new and stronger measures in the EU such as emissions trading for agriculture.
The EU needs more accurate modelling tools for its climate policies, as the current information is often not up-to-date and does not reflect the rapid development in green technologies.
In the EU, negotiations on new rules for free allowances in the Emissions Trading System are entering into their decisive phase. The allocation of free allowances overrides the ‘polluter pays principle and slows down decarbonization. Free allowances should therefore be phased out more quickly, and the allocation of free allowances should be better targeted.
CONCITO brief
By Martin Birk Rasmussen, International klimaanalytiker
A new CONCITO report assesses the potential and risks of bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS) in the EU with a specific focus on biomass resources.
