After the publication of the European Commission Hydrogen Strategy in July 2020 and after the publication of the Fit for 55 first set of publications in July 2021, the Commission proposed on December 15th 2021 a set of legislative proposals including the revision of the Gas Regulation 715/2009 and the Gas Directive 2009/73 (the package). […]
Co-convened by ERCST and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) The European Green Deal has strengthened the level of climate ambition by aiming to achieve climate neutrality in the European Union by 2050. The European Commission has proposed a Carbon Border Adjustment Mechanism (CBAM) as the preferred option to address the risk of carbon leakage. […]
Since 2019, ERCST has built up solid experience on BCAs and carbon leakage issues in the EU context. The ERCST Team has accompanied the CBAM file from its earliest stages in the legislative process, providing analytical input to the discussion on BCAs and fostering an informed debate with domestic and international stakeholders. At this event, […]
On the 21st of March, Andrei Marcu, Executive Director of ERCST, spoke at the CEPR Research and Policy Network on Climate Change, Hybrid Webinar ‘Economics of Border Adjustments’. Agenda Recording
This event is part of a ERCST series which tales the state of play of the debate in energy prices after the release of the EC toolbox and REPowerEU Communication as well as looking forward to the direct EC framework. Stocktaking on Council discussions and following the previous event on “Electricity prices in the EU” […]
As part of the Just Transition workstream, the ERCST team has decided to explore and put together a preliminary framework to assess the social impacts of the transition and provide guidance on how to develop a vision for a just transition that will, in turn, translate into concrete actions. The framework entailed mainly three parts: […]
The dialogue aimed to create an informal atmosphere where the main objective is to explore, discover, explain and understand different points of view related to the issues in Article 6 of the Paris Agreement. That is, to understand the options available to define rules, modalities, and procedures on Article 6 of the Paris Agreement and […]
This was the launch event of the 2022 State of the EU ETS Report. During this event, the report was presented by the authors and discussed by commentators. This was the seventh annual report on the State of the EU ETS. The 2021 edition is available through this link. The European Commission is required to […]
This workstream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around the topic of hydrogen, informed by original intellectual input from ERCST. ERCST has accompanied EU institutions and stakeholders in the different stages of the hydrogen regulatory process, identifying missing pieces and shedding more light on […]
This workstream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around this topic, informed by original intellectual input from ERCST. CCfDs are discussed as one of the most promising alternatives to foster the deployment of low-carbon industrial technologies. However, it is still uncertain how CCfDs can […]
The 2022 State of the EU ETS Report is a joint effort between ERCST, BloombergNEF, the Wegener Centre for climate and global change at the University of Graz and EcoAct. During this webinar the 2022 State of the EU ETS Report was presented by the authors and discussed by commentators. This will be the seventh […]
The European Commission has put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) which is the subject of ongoing discussions in the European Parliament and the Council. The lead committee on the CBAM in the European Parliament, ENVI, is voting on the final set of amendments on May 17th. This is a decisive […]
The Use of CBAM Revenues
