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❗Digging deeper into Biochar costs in the EU ETS Proposal❗
👀 This is a particularly important one to scrutinise, as excessively low BCR costs - €37/t anyone? - were explicitly highlighted by the EU Commission as a reason NOT to integrate BCR into the ETS, given it could potentially lead to distorting effects. 🇪🇺 Now I know the BCR industry well enough to immediately realise that the Commission’s numbers were off. So let’s dig in - here is how the numbers come together: 1️⃣ The entire lower bound (€66-€37/t) comes / is derived fro
Aug 12
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