Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
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Publish date: October 23, 2024
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To reach the ambition of climate neutrality by 2050, the EU needs to make sure that all available decarbonisation technologies can reach their full potential.
Bellona Europa has endorsed an open letter, alongside 51 leading industries and civil society organisations across Europe, to the President of the European Commission, Ursula von der Leyen. The letter underscores the urgent need to scale up Industrial Carbon Management in order to support European Industry’s decarbonisation while meeting our climate objectives and safeguarding its international competitiveness.
Read the letter below:
Under “industrial carbon management” the overlap in technology used, infrastructure needed, and regulatory support required has led to ambiguity as the different terms CCS, CCU and CDR are often used interchangeably or wrongly attributed. CCS, CCU and CDR have distinct climate impacts, even within each term there is a wide range of potential climate impact. Read our conflations deep dive here.
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