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@CarbonReporter @SeppalaVilleEN The EC officials may just mean that they count the invalid allowances as still in the MSR so the TNAC calculation doesn't come out wrong (because MSR Holdings are subtracted from Supply under the current method)
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ITRE CBAM rapporteur proposes i) only withdrawing free allocation once an export adjustment is in place, and ii) only including indirect emissions if moving away from compensation would not damage industry. #EUETS #OCTT europarl.europa.eu/doceo/document…
ENVI draft ETS report proposes CSCF avoidance measures and bonus/malus system for free allocation from 2026 providing a 10% boost to allocation for installations beating benchmark and a 25% cut for installations behind with climate plans. #EUETS euractiv.com/section/emissi…
Try our new MSR Simulator here: perspectivepublicaffairs.com/blog/interacti… #EUETS, #Fitfor55
@BenJGarside Did he say if the 61% target and 4.2% LRF have already been calculated with maritime emissions in the 2005 and 2010 baselines? Or comment on why 79 million would be added regardless of the year?
Now corrected and updated here: perspectivepublicaffairs.com/blog/cscf-simu…
Try our new Fit-for-55 CSCF Simulator here: perspectivepublicaffairs.com/blog/cscf-simu… #EUETS, #OCTT, #FitFor55
@YanQinyq If so, it’s modelling a type of CBAM that is unlikely to be introduced and criticising it for not heavily reducing imported emissions and global emissions through contraction, which is not really the purpose of a CBAM.
@YanQinyq Seems like their analysis equates imported emissions with carbon leakage; assumes the CBA is levied on life cycle emissions of all imports; and (probably) only considers the impact on production, not emissions intensity & policy?
@laurimyllyvirta BUT this will probably change with time (and there may be some benefits to a production-sensitive cap in terms of avoiding a large structural surplus).
@laurimyllyvirta ONLY i) it’s the power sector getting allocation and there are separate benchmarks for different forms of generation, which doesn’t incentivise power switching, and ii) there’s no absolute cap (only scarcity to the extent that benchmarks surpass average performance).
An interactive MSR model to play with while you're at home #EUETS perspectivepublicaffairs.com/blog/interacti…
Some thoughts on designing an EU carbon border adjustment #EUETS perspectivepublicaffairs.com/blog/how-might…
Our latest thoughts on integrating CCU into the #EUETS : perspectivepublicaffairs.com/blog/integrati…
Preliminary Phase IV #EUETS Carbon Leakage List now out: eur-lex.europa.eu/legal-content/…
EU Council publishes waste package final texts #circulareconomy: consilium.europa.eu/register/en/co…
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#EUETS - agreement with @EUCouncil adopted with 535 votes to 104, 39 abstentions. Press conf 14h with lead MEP @juliegirling Webstream europarl.europa.eu/ep-live/fr/oth…
Perspective retweeted
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