Discover and read the best of Twitter Threads about #CCfDs

Most recents (3)

News🔥 on Germany's double-digit billion€ #CCfD/#KSV program for climate-neutral industry.
The binding call-of-interest starts NOW, deadline in 2 months, a precondition to participate in the 1st tender.
bmwk.de/klimaschutzver…
Quick thread with infos & academic background 1/
Carbon contracts-for-difference (#CCfD, in German #Klimaschutzverträge, #KSV) are a policy instrument to guarantee a fixed carbon price to innovative low-carbon industrial projects, for each ton of emission reductions below the conventional benchmark technology. 2/ Image
This is done via a project-specific two-sided contract-for-difference on the EU ETS price and EU BAT benchmarks as baseline (as first proposed in 2017 here: diw.de/documents/publ…, and peer-reviewed in comparison to one-sided CfD/price floor here: sciencedirect.com/science/articl…) 3/
Read 15 tweets
.@EU_Commission proposed a Carbon Border Adjustment Mechanism (#CBAM) as part of #Fitfor55. Aim: carbon leakage protection. Our Impulse shows how to tweak the proposal to create an effective CBAM & how #climateclubs & CBAM can work together to accelerate #industrytransition. 1/9 Our new impulse is out: Getting the Transition to CBAM Right
1️⃣ With higher EU climate targets, free allocation of CO2 allowances in the EU ETS is not a sustainable solution to solve #carbonleakage problem. #CBAM is the most credible alternative to free allocation. 2/9
2️⃣ With right objectives, #climateclubs can complement an EU #CBAM - climate clubs cannot replace EU carbon leakage tools as vast differences in climate ambition and policy are likely to prevail among potential climate club members, not to mention non-club members. 3/9
Read 9 tweets
Hier noch mal eine Zusammenstellung zum #CO2Preis und gerechter Verteilung. Warum überhaupt ein Preis? Wie wird es international gemacht? Wie macht es Deutschland? Wie geht es sozial gerecht?
Ein thread mit Bildern, Zahlen und #Taschenrechner (1/n)
2/ Warum überhaupt ein #CO2Preis? Weil wir ein Überangebot an fossilen Energieträgern im Boden haben. Was macht der Preis? 1) er sorgt für Innovation in klimafreundliche Technologien 2) er macht Fossile teurer 3) er generiert Einnahmen für einen sozialen Ausgleich.
3/ Der #CO2Preis kann über einen Emissionshandel oder eine Steuer implementiert werden. In der Theorie ist beides gleich, in der Praxis gibt es jeweils unterschiedliche Hürden. Daher braucht es in beiden Fällen bestimmte Anpassungen. Details hier: bit.ly/3vSkf6j
Read 14 tweets

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