Discover and read the best of Twitter Threads about #carbonleakage

Most recents (4)

.@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
Here we are ! Finally, after 18 months of big talks and long-term objectives about #EUGreenDeal, @EU_Commission releases its mammoth package #FitFor55 #FF55.
Here is my key take-aways: the good, the bad, the ugly. #Thread 👇
Good 1: that’s a massive policy push to transform #EUGreenDeal promises into concrete actions to change our ways of life. @FransTimmermans recognises this will be “bloody hard”, but righly underlines that our future depends on it.
Good 2: Creation of the Social Climate Fund that we @DelorsInstitute have been calling for years. This Fund should start as of 2025 with EU budget, and could invest up to 70Bn€ from 2025 to 2032 to finance national plans to ensure social justice in the transition. #EnergyPoverty
Read 12 tweets
#CO2Preis #BEHG: Welche Ausnahmen soll es für Unternehmen geben, um #CarbonLeakage zu vermeiden? In unserer Stellungnahme haben wir uns den @bmu Entwurf angeschaut… 👉1/6
2/6 Die Kosten halten sich in Grenzen: Weniger als 20% der energiebedingten CO2-Emissionen der Industrie sind überhaupt vom nationalen CO2-Preis betroffen, weil der Rest im EU ETS erfasst und deshalb befreit ist
3/6 Kosten halten sich in Grenzen: Ohne zusätzliche Ausnahmen zahlt die Industrie dieses Jahr durch das #BEHG rund 443 Mio. Euro an CO2-Kosten. Gleichzeitig wird sie bei der EEG-Umlage um 2.421 Mio. Euro entlastet --> Die Industrie wird netto bereits um fast 2 Mrd Euro entlastet
Read 8 tweets
Some key points from the #ClimateChangeAdisoryCouncil working paper on "Climate Change Mitigation and the Irish Agriculture and Land Use Sector"
1. Ireland is not food independent - exports of meat far exceed domestic consumption while a high proportion of cereals, vegetables and fruit are imported. #foodsecurity
2. The "value-added focus" of #FoodWise2025 may have resulted in a #rebound effect, with the re-investment of income into production expansion.
Read 10 tweets

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