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Breaking: Macron wants 1) a French IRA-like cleantech tax credit and 2) an "EU regulatory break".
Here is are my take-aways, from Macron's speech at the Elysée Palace, with a closer look at Europe and #CleantechEU.
Here is are my take-aways, from Macron's speech at the Elysée Palace, with a closer look at Europe and #CleantechEU.
First, here is Macron assessment of the situation.
1- France lost more industry than others. Because it didn't do "the reforms" other did in 2000s (not mentioned, but incl. Hartz IV in Germany).
1- France lost more industry than others. Because it didn't do "the reforms" other did in 2000s (not mentioned, but incl. Hartz IV in Germany).
According to Macron: no welfare state without industry. Trade deficit in France is due to deficit in 1) energy, 2) industry, so speeding up industrial development should reduce French trade deficit.
1/ Welcome to the bi-weekly #CleanTechEU thread!🧵👇
This week is a dive into the recently adopted #hydrogen delegated act on #additionality, what we asked for, why, and what made it to the final text & what got lost in compromises.🔎
This week is a dive into the recently adopted #hydrogen delegated act on #additionality, what we asked for, why, and what made it to the final text & what got lost in compromises.🔎
2/ 1st things 1st: making #RenewableHydrogen means needing #RenewableElectricity ⚡️
When connecting an electrolyser to most of #EU’s electricity grids, the #H2 produced will have a very high #CarbonFootprint🏭👣
When connecting an electrolyser to most of #EU’s electricity grids, the #H2 produced will have a very high #CarbonFootprint🏭👣
3/ But, this can be fixed. Here are a few rules that can ensure that #hydrogen produced on the grid has a minimal climate impact:
➕additionality
⌛️temporal matching
🗺️geographic correlation
➕additionality
⌛️temporal matching
🗺️geographic correlation
