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DTSTART:20180101T000000
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DTSTART;TZID=UTC:20191121T133000
DTEND;TZID=UTC:20191121T163000
DTSTAMP:20190709T114204Z
CREATED:20190709T114204Z
LAST-MODIFIED:20190709T114204Z
UID:10002-1574343000-1574353800@ercst.org
SUMMARY:Regulatory and Financial Gaps Hindering CO2 Removal Technologies
DESCRIPTION:Following a short introduction by ERCST\, this session will focus on the regulatory and financial gaps surrounding Carbon Dioxide Removal Technologies (CDRTs)\, and will be composed of two panels\, the first focusing on these gaps at the EU level and the second focusing on the international level (Paris Agreement). 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.\nDuring the last brainstorm session\, focus was placed on how the development and deployment of CDRTs have become vital in order to remain consistent with numerous 1\,5 °C pathways\, up to and after 2050. Energy efficiency and renewable energy sources will continue to be key aspects for limiting warming to 1\,5 °C\, and CDRTs cannot be expected to solve all manner of ills. However\, there is a definite need for employing all available options\, including CDRTs\, especially when factoring in the current lock-in of fossil fuels which far exceed the carbon budget for limiting warming to 1\,5 °C.\nAt the current state of play\, there are numerous challenges and barriers impeding the progress of these technologies\, resulting in a sharp contrast between the development projections needed in various scenarios\, and the current actual projections\, highlighted by the low technology readiness levels across the board for CDRTs. Therefore\, it is important to bring the discussion to focusing on the various impediments to these nascent technologies\, looking at the existing regulatory and financial gaps.\nThis meeting builds upon the outcomes of the brainstorm session organised on September 24 in Brussels\, as well as other activities. ERCST will organise more meetings on CDRTs in 2020.\n  \n[rtec-registration-form] \n\n\n\n\n\n\n \n\n\n\n\n\n\nWorkshop Material(s)\nAgenda\nERCST – presentation\nPanel 1\nBellona – K. Whiriskey – presentation\nClimeworks – C. Beuttler – presentation\nStockholm Exergi – K. Gustafsson – presentation\nCAN Europe – U. Aarnio – presentation\nPanel 2\nNICFI – S. Traavik – presentation\nIETA – S. De Clara – presentation\nFuels Europe – E. Sardellitti – presentation\n\n \nRelated Events\nStakeholder Consultation on the Optimization of CBAM De Minimis ThresholdsSeptember 1 @ 15:00 - 17:00Reaction to EU ETS Review ProposalSeptember 7 @ 15:00 - 17:00Modelling the EU ETS post 2030: Assumptions and Evidence WorkshopSeptember 8 @ 14:00 - 16:00Informal Dialogue on Article 6September 9 - September 11Launch Event: CBAM in an International ContextSeptember 15 @ 15:00 - 17:00\nReview of EU ETS: Advisory Group Meeting on Reaction to EU ETS ProposalAugust 27 @ 15:00 - 17:00Stakeholder Meeting:  Proposal for Permanent CBAM Exports SolutionJuly 27 @ 15:00 - 17:00Reaction to EU ETS Review ProposalJuly 23 @ 14:00 - 16:00
URL:https://ercst.org/event/regulatory-and-financial-gaps-hindering-cdrts/
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