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Preparing for the review of the EU ETS – The plan to decarbonize industry while protecting against carbon leakage
March 10 @ 14:00 - 16:30
This meeting is under Chatham House Rules
This meeting is part of a series of webinars which are part of ERCST’s work stream on the revision of the EU Emission Trading System. Our aim is to bring together a group of stakeholders on a regular basis to discuss the most important issues on the table for the EU ETS revision. This webinar will be an opportunity for participants to engage in a discussion on how the ETS can help write the story of industrial decarbonisation, and how protection against carbon leakage can be ensured throughout phase 4.
Some of the key questions that will addressed during this meeting include:
- What is required beyond ‘a price on carbon’ for industry to decarbonize?
- What is the role of emerging ‘accompanying’ policies that are currently being discussed and implemented, including carbon contracts for difference, a consumption charge/climate contribution, product(ion) standards, etc; and how do they fit with the EU ETS?
- What type and level of public support aimed at decarbonising industry and ensuring the uptake of low-carbon products is necessary, and what role can the EU ETS play?
- Given the long investment cycles for industry, what is needed to ensure investments made in the 20s and 30s will be in line with the 2050 net-neutrality goal as the carbon price alone will not drive these investments during this period?
- How can the EU provide effective and efficient protection against carbon leakage while decarbonising its industry?
Workshop Material(s)
Agenda
ERCST presentation – Industrial decarbonisation and Carbon Leakage
Presentation by A. Ruggiero, Carbon Market Watch – Industrial climate policy framework
Presentation by A. Sniegocki, WiseEuropa – CCfD and Climate Contribution
Upcoming Events
Low-Carbon Hydrogen Delegated Act: a turning point for the hydrogen market ramp-up? (Public Event)
September 25 @ 15:00 - 17:00Debate – Review of the EU CO2 Emission Performance Standards for New Cars and Vans
September 30 @ 09:30 - 11:00Public Debate – Flexibility in the EU’s Road Transport Decarbonization Policy: Electrification and Sustainable Fuels
October 7 @ 15:00 - 17:00Launch Event – Future of Emissions Trading in the EU: Agriculture ETS (Public Event)
October 14 @ 10:00 - 12:00Stakeholder Consultation – Bridging the CDR funding gap: design options and policy choices
October 14 @ 15:00 - 16:30
Past Events
Cracking the dilemma of international carbon credits in the EU 2040 target: can EU’s climate action turn geopolitical without losing domestic integrity?
September 17 @ 11:00 - 14:00Macro Economic Implications of the 2040 EU Climate Change Target
September 15 @ 16:30 - 18:00Expert Consultation: EU CBAM Implementation Challenges
September 10 @ 15:00 - 17:00