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TZID:Europe/Paris
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DTSTART;TZID=Europe/Paris:20230420T143000
DTEND;TZID=Europe/Paris:20230420T170000
DTSTAMP:20260524T083540
CREATED:20230403T102910Z
LAST-MODIFIED:20240419T115759Z
UID:15095-1682001000-1682010000@ercst.org
SUMMARY:EU CCUS policy: Net-Zero Industry Act & upcoming Commission’s Communication
DESCRIPTION:To achieve the goal of the Paris Agreement of pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels\, countries must severely reduce their emissions and reach a net zero economy by 2050. In this framework\, carbon capture\, utilisation\, and storage (CCUS) technology is necessary to achieve ambitious climate targets. However\, its deployment is still way below the needed levels. \nThis event aimed at exploring: \n\nThe CCS provisions in the Net-Zero Industry Act;\nThe elements that ought to be included in the upcoming Commission’s strategy on CCUS.\n\nIn the EU\, interest in CCUS is growing. In particular\, 2023 seems to be an important year: the Net-Zero Industry Act introduces a provision for an injection target capacity while preparing for issuing a Communication on a CCUS strategy. Internationally\, CCUS is also increasingly capturing the attention of policymakers. Nevertheless\, the EU is still far away from achieving the level of deployment of CCUS technology that is required for achieving its climate targets and climate neutrality. There are still a lot of unknowns and elements that need to fall in place. \nAgenda    ERCST Slides
URL:https://ercst.org/event/eu-ccus-policy-net-zero-industry-act-upcoming-commissions-communication/
LOCATION:ERCST\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
CATEGORIES:CCS-U,Event organised by ERCST
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DTSTART;TZID=Europe/Paris:20230426T150000
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DTSTAMP:20260524T083540
CREATED:20230213T165402Z
LAST-MODIFIED:20240419T115616Z
UID:14795-1682521200-1682528400@ercst.org
SUMMARY:2023 State of the EU ETS Report - Launch Event
DESCRIPTION:This was the launch event of the 2023 State of the EU ETS Report1. During this event the report was  presented by the authors and discussed by commentators. This was be the eighth annual report on the State of the EU ETS and builds on the reports produced by this group of authors\, and other partners\, in the last six years. The 2022 edition is available through this link. \nThe European Commission is required to annually assess\, according to the EU ETS Directive\, the functioning of the EU ETS and report back to the EU Parliament and Council. While the European Commission has its role to play in providing an official report\, it is also important that independent review and assessment of the functioning and delivery of the EU ETS takes place. \nThe annual “State of the EU ETS” Report aims to provide such an independent contribution to the policy debate\, which is needed to ensure that the EU ETS is “fit for purpose”. The Report is intended as a “snapshot”\, providing policymakers and stakeholders with an overview of how the EU ETS is doing by April of each year\, based on previous year data. \nThis event covered the 2023 Report. This year’s edition reflects the track record of the ETS last year and the revised EU ETS Directive to be adopted in mid-2023\, its expected impact on the EU ETS\, and the role the ETS is expected to play in the longer term. \n1 The 2023 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. \nAgenda    Publication \n 
URL:https://ercst.org/event/2023-state-of-the-eu-ets-report-launch-event/
LOCATION:Residence Palace. Rue de la Loi 155\, 1000 Bruxelles.\, Residence Palace. Rue de la Loi 155\, Bruxelles\, 1000\, Belgium
CATEGORIES:EU ETS
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