ERCST - European Roundtable on Climate Change and Sustainable Transition

Today, the European Roundtable on Climate Change and Sustainable Transition (ERCST) hosted an event on implementation and transposition of hydrogen regulations in the #EU Member States. “#Hydrogen is not a means to an end, and not an end in itself. The regulatory framework including incentives, should be designed in the most technologically neutral way for #decarbonisation. Seems there are way different #approaches in Member States", Andrei Marcu, Executive Director, ERCST. 𝗧𝗵𝗲 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ✅ A swift implementation of the EU framework is key to give the required regulatory visibility to the EU industry to make #investments. ✅ #Green hydrogen high prices still represent a significant obstacle to the uptake of the hydrogen market and the creation of a solid business model. Mechanisms at Member States level can play a crucial role in addressing the price gap. ✅ Countries have different approaches on how they provide incentives, as of they do valuable insights into the diverse ways EU Member States can implement and transpose the EU hydrogen #framework, adapting it to their local specificities. There was an exchange of views with national experts that discussed implementation methods, setting the scene for an in-depth discussion with the audience: 🟢Andrei Marcu, ERCST 🟢Olivier Imbault, ERCST 🟢Leon Dalheimer, Federal Ministry for Economic Affairs and Climate Action, Germany 🟢Julien Agier, Directorate General of Energy and Climate, France 🟢Dirk van Hoorn, Ministry of Economic Affairs, The Netherlands 🟢Jose Luis Cabo Sánchez, Ministerio para la Transición Ecológica y el Reto Demográfico, Spain 🟢Claes Vendel Nylander, Energimarknadsinspektionen, Sweden 🟢Chiara Cavallera, ERCST 📅 Stay informed about our upcoming events 👉🏼 t.ly/ya6OM

📹Did you miss one of our recent public events? Stay up to date with all the discussions by watching our event recordings! 🔹With #COP29 around the corner, don’t miss our conversation with Jacob Werksman, DG CLIMA, on the #EU's strategic policy priorities and potential outcomes👉t.ly/zEes9 🔹In December, we’re publishing our second report on the Future of the #Emissions Trading System in the EU. Watch the launch event of our first report here👉https://t.ly/v5KAp 🔹Curious about the latest report on EU #CBAM? See the launch event, discussing inclusion of products further down the value chain👉t.ly/nayZg 🔹Learn more about the recent developments on the #Green Claims directive proposal in both EU and non-EU jurisdictions, with the participation of Malgorzata Golebiewska, DG ENV, together with other key stakeholders👉t.ly/1FXej 📄 And don’t miss our latest publications! Explore here👉t.ly/nYBxh 📅 Stay tuned for our upcoming events👉t.ly/ya6OM

🚨 Two new ERCST publications are out 👇 🔹 "Including products further down the value chain in the EU CBAM" The report highlights that expanding the #CBAM to vulnerable downstream sectors, is crucial to prevent #carbon leakage, but this must be done with precision to avoid unnecessary administrative burdens. 📄Read it here 👉 t.ly/brSdZ 🔹 "Incentivising hydrogen demand: Critical challenges and opportunities for EU policy" This report aims to analyse the challenges in creating a strong #hydrogen market, highlighting tools and frameworks needed to support hydrogen demand, #green technologies and facilitate the #EU's low-carbon transition. The initiative is being supported by the Oxford Institute for Energy Studies (OIES), and the Research Institute for Sustainability (RIFS) – Helmholtz Centre Potsdam. 📄Read it here 👉https://t.ly/hGTV_

Yesterday, the European Roundtable on Climate Change and Sustainable Transition (ERCST) hosted an important event on the role of Carbon Management technologies in #decarbonisation pathways. “A good debate on the economic and technological merits and visibility of #carbon management. We need more debates in Brussels to get it right”, Andrei Marcu, Executive Director of ERCST. Special thanks to all the panellists, Andrei Marcu, Caterina De Matteis, Rob van der Meer, Liv Rathe, Martijn Smit, Stephanie La Hoz Theuer, Alex Mason and Marino Varricchio for their engaging and constructive discussions during all the debate. And thank you to everyone who joined us both in person and online! 📅 Stay informed about our upcoming events 👉🏼 t.ly/ya6OM #CCS #CCUS #CCU #CDR

💬”Improvements need to be made immediately to the current version of the methodology proposed, including the possibility of assessing specific projects, signing PPAs as is the case for RFNBOs (particularly with nuclear sources), clarifying the calculation of the various elements of the formula and proposing certification standards. In the meantime, it is necessary to propose a clear and comprehensive solution for the transition period (grace period), notably by reviewing the default values and proposing a simplified method for calculating emissions”, said Andrei Marcu, Executive Director of ERCST on feedback on Methodology to determine #GHG emission savings of low-carbon fuels. 📌The European Roundtable on Climate Change and Sustainable Transition (ERCST) published a Feedback to the EU Commission Public consultation ‘Methodology to determine the #greenhouse gas (#GHG) emission savings of low-carbon fuels’. 📄Read the Feedback: t.ly/qiIxR #Sustainability #Hydrogen

Yesterday, the European Roundtable on Climate Change and Sustainable Transition (ERCST) presented his new report "Including products further down the value chain in the EU CBAM". “In a world in which asymmetries of climate actions directly or indirectly may result in carbon leakage, the #EU should therefore explore all possible options, including through changes in #CBAM as it currently stands. If this is found to be too complex or too expensive, the “do nothing” alternative is not an acceptable way forward and alternative solutions will not be explored and which may involve measures that may challenged current #WTO interpretations or even possibly the re-examination of current approaches to addressing climate change by the EU”, Andrei Marcu, Executive Director of ERCST. The report highlights that expanding the CBAM to vulnerable downstream sectors, is crucial to prevent carbon leakage, but this must be done with precision to avoid unnecessary administrative burdens. Thanks to the authors, Andrei Marcu, Aaron Cosbey, Michael Mehling and Sara Svensson for their contributions and insights. Special thanks to our panelists Vicente Hurtado Roa, Marc Poulain, Adrien Assous, Nick Bitsios, Laura Casuscelli, Arda Onkok, Ph.D., for their engaging and constructive discussions. And thank you to everyone who joined us both in person and online! 📄 Report: t.ly/brSdZ 📹 Recording: t.ly/nayZg

📌 TOMORROW | In-Person Event “Finding Common Ground - A Debate on the Role of #Carbon Management Technologies in #Decarbonisation Pathways” 📆 Join us tomorrow at 15:00, at the ERCST Office, for an event that will explore different perspectives on the role of Carbon Management Technologies in achieving climate goals. Engage in enriching discussions addressing key questions: 👉 How can #CCUS and #CDR help meet the Paris Agreement targets? 👉 What are the main challenges and concerns surrounding Carbon Management technologies? 👉 Can opposing stakeholders find a path for decarbonisation? 👥Register in-person 👉 t.ly/8kvpF 🖥️Register online (if located outside Belgium) 👉 t.ly/5YhI7  The panel will include: 🟢 Andrei Marcu, ERCST 🟢 Rob van der Meer, CEMBUREAU   🟢 Liv Rathe, Norsk Hydro 🟢 Martijn Smit, Equinor 🟢 Caterina De Matteis, IOGP Europe 🟢 Stephanie La Hoz Theuer, International Carbon Action Partnership (ICAP) 🟢 Alex Mason, WWF European Policy Office 🟢 Marino Varricchio, ERCST 🔎 Find more information about the event: t.ly/oBJws Looking forward to welcoming you tomorrow! #ICM #Sustainability

📅 #CBAM | "Launch Event: Including products further down the value chain in the EU CBAM" 📆 23 October - 15:00 - 17:00 🖥 Register online 👉 https://t.ly/EkKY0 Join us at the online launch event of this report, which will be followed by a discussion on inclusion of additional products in the value chain in the CBAM, related to the review under the CBAM due at the end of 2024. The discussion will cover the impact on downstream cost increases and the risk of value chain substitution for semi-manufactured and manufactured goods. We will also discuss potential KPIs that can be used to determine if a product should be covered by the CBAM or not. This session, convened by ERCST on the basis of its extensive work on the EU CBAM, brings together experts to discuss the future of the CBAM. The panel will include: 🟢Vicente Hurtado Roa, DG TAXUD - European Commission 🟢Aaron Cosbey, ERCST 🟢Andrei Marcu, ERCST 🟢Michael Mehling, ERCST 🟢Marc Poulain, Afep 🟢Adrien Assous, Sandbag 🟢Nick Bitsios, Metlen Energy & Metals 🟢Laura Casuscelli, WindEurope 🟢 Paolo Falcioni, APPLiA Read more 👉 https://t.ly/Q7JXL

Just before lunch on day three of Carbon Forward Expo London this Thursday - our voluntary carbon market day - we'll focus in on the Green Claims Directive. With legislated oversight on corporate claims in the pipeline, the voluntary carbon market is about to get a long-awaited set of rules that could mean standardisation, trading, finance, and scale. Moderator Bill Goldie, Environmental Markets Director at Redshaw Advisors Ltd will be asking panelists, what can we expect from the Green Claims Directive? Is it the new hope or a bureaucratic pitfall? With: • Aisha Rodriguez, Manager – Markets & Standards, VCMI • Ana Ruiz, Policy Analyst, ERCST - European Roundtable on Climate Change and Sustainable Transition • Tilmann Morata Liebert, Policy Officer, European Commission Register to join us for one, two, or three days here: https://lnkd.in/eSQMr8vJ #carbonforward #voluntarycarbonmarket #VCM #emissions #netzero Carbon Pulse

💡 The Future of Emission Trading System in the EU is out! Read it here 👉 https://t.ly/Y91X_ The report aims to examine the architecture, governance and role of emissions trading in meeting EU objectives in the European Climate Law during the second half of Phase IV (2025-2030) and beyond. This initiative is intended to produce seven reports, covering different aspects that will determine the future of the emission trading system in the EU. This first report will examine possible scope extensions of the emission trading coverage both sectorial as well as geographic. We sincerely thank the authors of the report — Andrei Marcu, Juan Fernando López Hernández, Alexandra Maratou, Pauline Nouallet, Marino Varricchio, Elena Bonfiglio and Nigel Caruana — for their dedication and insights.