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...
News
Publish date: July 7, 2023
News
Together with E3G and independent co-authors, our colleagues from Bellona Deutschland have published a “CCS Ladder” for Europe, inspired by the ladder for clean hydrogen by Liebreich Associates. With this work, we hope to initiate a more nuanced discussion about the climate benefits of various CCS applications while advocating that public support – ranging from infrastructure planning to policy frameworks or financial assistance – should be focused on applications with the greatest climate benefits. This work aims to support ongoing discussions on carbon management strategies at various levels, including the CMS in Germany and the EU’s Net-Zero Industry Act.
In general, it should be noted that the CCS Ladder does not discredit any applications of CCS – from a pure climate perspective, it is always better to permanently store CO2 deep underground than to emit it. It also does not pass judgment on whether individual CCS projects are meaningful. Instead, it provides an overview of the general application fields. Other factors (e.g., age, location) can lead to different decisions regarding specific facilities.
The CCS Ladder should not be seen as a definitive ranking but rather as a starting point for discussion – we are very interested in feedback and look forward to opportunities to discuss the methods, results, and recommendations.
Download the Briefing document: CCSL-briefing
Download the Criteria and Methodology document: CCSL-methodology
Methodology:
Key Insights:
Recommendations:
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
Bellona Europa, alongside the European Environmental Bureau (EEB), Carbon Market Watch, and ECOS, has submitted a joint statement to the EU Carbon Re...
The risks of a methodology that disregards its policy signals and fails to reward investments into clean technologies are too large to ignore. The EU cannot tell the market that continuing fossil-based steel will be rewarded.
A framework still in the making As a member of the European Commission’s Nature Credits Expert Group, Bellona joined the second meeting...
On 19 March, Bellona Europa, Oslo’s Climate Agency, Hafslund Rådgivning, and SINTEF hosted the concluding conference of the Powering-Up a REnew...
Get our latest news