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X-WR-CALDESC:Events for ERCST
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DTSTART:20180101T000000
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DTSTART;TZID=UTC:20190924T093000
DTEND;TZID=UTC:20190924T123000
DTSTAMP:20190709T113300Z
CREATED:20190709T113300Z
LAST-MODIFIED:20190709T113300Z
UID:10000-1569317400-1569328200@ercst.org
SUMMARY:Brainstorm on mechanisms for 'Incentivising Carbon Dioxide Removal Technologies'
DESCRIPTION:Carbon Dioxide Removal Technologies (CDRTs) are expected to play an increasingly important role\, but up to and after 2050. At the international level the IPCC highlights how they could be necessary: the IPCC notes that CDR deployment over the 21st century is substantial in most pathways considered 1\,5°C-consistent.\nIn order to move ahead with CDRTs\, they need to be incentivized (not least financially) within an enabling framework. The focus of ERCST on this topic is therefore be on how to incentivise CDRTs\, both at the local level (EU) and cross-border (Article 6 of the Paris Agreement).\nBoth at the international and EU level there is a clear future reliance on CDRTs\, but there are still considerable issues with CDRTs. As yet many still remain unproven\, especially at the level they would need to be deployed to match the expectations. The environmental sustainability in the longer term is also not always guaranteed. Therefore\, this workstream will not promote specific CDRTs\, but rather focus on the enabling framework that is necessary to deploy these technologies at scale\, if they are proven to be sustainable.\nERCST started the session with a short presentation on current state of play on CDRTs\, how it is envisaged in key strategies and forward-looking scenarios\, and elements of potential mechanisms and frameworks to incentivise CDRTs effectively while ensuring their long term sustainability. This presentation was be followed by a round of initial remarks from selected stakeholders\, focusing on the following questions: \n\nWhich options are there for a framework to incentive CDRTs? For example\, within the EU\, the mechanisms for enabling CDRTs could be embedded in the EU ETS\, the Common Agricultural Policy\, and/or a common framework. What would work better?\nHow can emission reductions through CDRTs be made available for international trading under Article 6 of the Paris Agreement?\nHow would the point of emission be defined in both EU ETS and Article 6? Can CCS for enhanced oil recovery or coal plants with CCS be considered CDRTs?\nHow does CCU fit into this story\, especially considering the ECs reliance on synthetic fuels and materials in its long-term strategy scenarios.\nShould there be a role for energy in the CCS discussion\, or should it focus on currently non-abatable industrial emissions?\nHow could REDD+\, and experiences learned from it\, fit into this picture?\n\n \nWorkshop Material(s)\nAgenda\nPresentation by ERCST\nPresentation by A. Vihavainen\, Puro\nPresentation by H. Felder\, Stora Enso \nPresentation by P. Zakkour\, KAPSARC\, Carbon Counts \nPresentation by S. Yeh\, Chalmers University of Technology\nPresentation by O. Geden\, SWP\nPresentation by T. Haugland\, Carbon Limits\n \nERCST summary note\n \nRelated Events\nA Vision for the future of EU Carbon Market Governance (COP31)November 9 @ 17:00 - 18:00Advancing Paris Agreement Implementation through Nuclear Energy and Carbon Markets (COP31)November 12 @ 13:00 - 14:00IMO: Approaches to ship decarbonization (COP31)November 14 @ 16:00 - 16:45The State of the EU CBAM: What makes CBAM a success? (COP31)November 19 @ 16:00 - 16:45Corporate Sustainability Due Diligence: Ensuring Efficiency and Legal CertaintyNovember 26 @ 14:00 - 16:00\nLaunch Event :  Review of the EU ETS – Free allocation investment conditionalityNovember 4 @ 15:00 - 17:00State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 4 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30
URL:https://ercst.org/event/brainstorm-on-mechanisms-for-incentivising-negative-emission-technologies/
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