Top Tweets for #CCfDs
German economy minister #Habeck presented today his plans to decarbonize the country's energy-intensive industries with the help of carbon contracts for difference (#CCfDs), a market-based subsidy mechanism. https://t.co/albadYqsXt
Read also 👇 reaction of @greenpeace_de
Unsere Stellungnahme zu den Klimaschutzverträgen ⬇️
https://t.co/GW1pw3zd69
🧵Canada is consulting on carbon contracts for difference (#CCfDs) -- a tool that could either provide certainty on carbon pricing, or undermine it entirely & lead to more carbon lock-in -- depending on the design
👇Read our letter to @cafreeland
https://t.co/paET89I83e
A successful #financing framework for decarbonisation should incorporate:
🧪 EU #ETS Innovation Fund fully focused on industrial decarbonisation
🌱 Swift deployment of #CCFDs
💸 Access to combined sources of #funding
For more 👇https://t.co/hRUBBdP8hE
Top stories of this week:
Berlin launches €50 billion ‘climate contracts’ for industry #CCfDs #climatecontract #Germany #hydrogen https://t.co/qYL8pgWTYj
German industrial CfDs out for tender #climpol #cdnpoli #cfds #ccfds #pcfds cc @sstiebert @dalebeugin @bcshaffer @RENEWIndustry 👇
For now all infos on German #CCfDs can be found here (in German), Funding guideline, Standard contract, Forms to participate in call-of interest, as well as a handbook and Excel-Tool w. examples can be found here:
https://t.co/tQtplo4rfq
Updates here:
https://t.co/nO6kxA0Win 8/
Berlin launches €50 billion ‘climate contracts’ for industry #CCfDs #climatecontract #Germany #hydrogen https://t.co/qYL8pgWTYj
The little blog post that could…
@dalebeugin @CDHoweInstitute #budget2023 #CCFDs
Beugin, Shaffer – The Climate Policy Certainty Gap and How to Fill It | C.D. Howe Institute https://t.co/eQcC7J6r3h
A successful #financing framework for decarbonisation should incorporate:
🧪 EU #ETS Innovation Fund fully focused on industrial decarbonisation
🌱 Swift deployment of #CCFDs
💸 Access to combined sources of #funding
More on our paper 👇
https://t.co/hRUBBdPG7c
Ganz klar: Wir brauchen diese Instrumente auch auf europäischer Ebene! Durch die Einführung von #CCfDs auf EU-Ebene können wir deren Wirksamkeit und Effizienz erhöhen – und es so auch weniger reichen Mitgliedstaaten ermöglichen, ihre Industrie schneller zu transformieren. 5/7
CCfD quick run through (I/II):
- 15 year contract length
- CfD indexation of CO2 and energy prices - incl. pay-back
- min 50%/60% CO2 reduction required, and 95% must be technically feasible
- competitive tenders (70% cost efficiency+CO2 reduction depth & energy intensity)
2/
🏭 To boost the #greenindustry transition, #Germany is set to award 15-year carbon contracts for difference to energy-intensive industries like steel, cement or chemicals.
💡 Here's a quick visual explainer on how they work 👇
Learn more 👉 https://t.co/uAKFUAOGgI #CCfDs
#CCfDs can foster the deployment of low-carbon industrial technologies. Yet, it is uncertain how they will be part of policy. Our PA Director Emmanuel Brutin will join the upcoming webinar of @ERCST_org to discuss the priorities and redlines. Registration👇https://t.co/LSFW9iuQCm
hen it comes to implementing #CCfds our objective is not only to have technological solutions designed in Europe but also to make sure that investments into these solutions happen in Europe.
Thank you @henrikeHahn and to @MiKellner @BMWK @P_Linares @EUClimateAction @EUROFER_eu
🎙️Starting at 4 PM today, I will discuss the European perspective of #CarbonContractsforDifference with @P_Linares, @MiKellner, Marco Mensink @Cefic, Alexandre Paquot @EUClimateAction and Axel Eggert @EUROFER_eu.
➡️ Join us & register here: https://t.co/BomRSUHuZw
How could an #EUframework for #CCfDs look like and how to design it to help build a resilient, European #zeroemission industry? ♻️🏭
Join us tomorrow to find out more:
📅 Friday, 18 November, 16:00-17:30 CET
✍️ Register: https://t.co/Fv32OLWQrE
.@DIW_Berlin_en's 2022 study examines the role of International Climate Finance in supporting industry transitions to #ClimateNeutrality, including how #CCfDs as a form of public-private finance could be applied internationally to support #decarbonisation in emerging economies.
📣 Don't miss our member @mmehling tomorrow at the
@carbon_forward Conference, where he will be speaking on a panel discussing #CBAM and #CCfDs w/ @SannaMarkkanen and Tetyana Payosova.
📅 14:15 - 15:00pm, online & in-person
⏩ Find out more @ the link: https://t.co/kmB3llgZY6
🗓 Don't miss our Executive Director Andrei Marcu tomorrow at the @carbon_forward Conference! He will be moderating a panel on #CBAM and #CCfDs with @SannaMarkkanen, @mmehling and Tetyana Payosova.
➡️ Find out more: https://t.co/W9QqeFzckt
Happy to welcome Andrei Marcu from @ERCST_org among our valued speakers at #CF2022 next month. He's been engaged in EU & other multilateral negotiating processes & subsequent implementation action on climate for over two decades. Join us to hear his views https://t.co/LFhsunPGlX
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