top of page
.png)
CDR library
Search
![🔴 [CORRECTION] What the budget for CDR in the ETS really looks like 🔴](https://static.wixstatic.com/media/8f3c9d_47b10fec1f74451e89ba92a3b3ffc1fe~mv2.jpg/v1/fill/w_800,h_601,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/8f3c9d_47b10fec1f74451e89ba92a3b3ffc1fe~mv2.jpg)
![🔴 [CORRECTION] What the budget for CDR in the ETS really looks like 🔴](https://static.wixstatic.com/media/8f3c9d_47b10fec1f74451e89ba92a3b3ffc1fe~mv2.jpg/v1/fill/w_800,h_601,fp_0.50_0.50,q_90,enc_avif,quality_auto/8f3c9d_47b10fec1f74451e89ba92a3b3ffc1fe~mv2.jpg)
🔴 [CORRECTION] What the budget for CDR in the ETS really looks like 🔴
📈 Yesterday, I posted about the >€50b compliance market for CDR that the planned integration into the ETS would mean. 💶 The math was simple: the Commission suggested procuring 250Mt of CDR. At an average cost of €200/t, we’d be looking at €50b between 2031-2040. 🤔 The reality - as I understood today - is more complex, and worrying. 🔦 The proposal does not commit the EU to procuring 250Mt of CDR. It commits the EU to selling 250Mt of EUAs (+ an additional 10Mt contingency
6 days ago
bottom of page