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X-ORIGINAL-URL:https://ercst.org
X-WR-CALDESC:Events for ERCST
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TZID:UTC
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DTSTART:20210101T000000
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BEGIN:VEVENT
DTSTART;TZID=UTC:20220209T100000
DTEND;TZID=UTC:20220209T113000
DTSTAMP:20240607T094851Z
CREATED:20220202T120400Z
LAST-MODIFIED:20240607T094851Z
UID:11424-1644400800-1644406200@ercst.org
SUMMARY:Price signal for carbon and impact on decarbonisation
DESCRIPTION:The discussion focused on the current EUA price level and their impact on decarbonisation efforts\, both in industrial sectors\, as well as other sectors of the economy. The reaction in the EU seems to vary depending on sectors and EU Member States. Some sectors see the very rapid price increase as beneficial and supportive of decarbonisation effort\, while other sectors make the case that this pace drains resource from decarbonisation efforts while the pace of set turnover cannot be sped up. This is an important topic that will help inform the discussion especially on EU ETS review\, as well as other parts of the Fit for 55 package. \nAgenda    ERCST Slides    Eurometaux Slides  
URL:https://ercst.org/event/price-signal-for-carbon-and-impact-on-decarbonisation/
CATEGORIES:EU ETS
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20220225T100000
DTEND;TZID=UTC:20220225T113000
DTSTAMP:20240524T131503Z
CREATED:20220203T101346Z
LAST-MODIFIED:20240524T131503Z
UID:11433-1645783200-1645788600@ercst.org
SUMMARY:Article 29a EU ETS Directive - EU Measures in the event of excessive price fluctuations
DESCRIPTION:In January 2021\, the EC carbon price raised to 89.42 euros/tons of CO2. One year before\, the EU carbon price was 33 euros/tons of CO2. This rapid price increase in addition to the recent energy crisis\, has triggered discussions about the possibility of EU authorities to trigger the Article 29 of the EU ETS Directive or at least to revise it. Under Article 29\, if for more than six consecutive months\, the allowance price is more than three times the average price of allowances during the two preceding years\, the Commission shall convene a meeting of the Climate Change Committee. Since the creation of the EU ETS in 2005\, the mechanism has not been triggered so far. \nThis event introduced the current legislative framework. The presentation was followed by an interactive roundtable of key stakeholders and policy makers that argued if the current EU mechanisms are fit for purpose to protect against formation of price bubble in the EU ETS Market\, the role of speculation and its impact on compliance entities. \nFinal Agenda    ERCST Slides    BEIS UK Slides    KOBiZE Slides    PIK Postdam Slides  \nBloomBerg NEF Slides    EuroAlliagues Slides    Sandbag Slides    EFET Slides    \nCalifornia ARB Video.  
URL:https://ercst.org/event/article-29a-eu-ets-directive-eu-measures-in-the-event-of-excessive-price-fluctuations/
CATEGORIES:EU ETS
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