What role for forest-based industries in a climate-neutral future?
Climate neutrality in the European Union and globally will lead to a deep transformation of existing industrial value chains, bringing new and lower-carbon products, processes and novel business models. This transformation will affect the entire industrial sector, notably including all energy-intensive industries, forest-based industries among them. The sector represents a full value chain, from forest […]
Biomass and climate neutrality
Sustainable biomass will play a major role in ambitions for a carbon-neutral Europe. But it has repercussions for the environment, land use and food security, among others. This Policy Insight holds that choices made today will affect the options available in future. The complexity of the issues calls for separately assessing each type of biomass […]
Can the EU ETS weather the impact of Covid-19?
The Covid-19 crisis has caused an economic downturn that may reverberate throughout the European carbon market. This makes a review of the EU ETS supply mechanisms imperative. In the previous economic crisis, the carbon price in the EU ETS dropped to very low levels as supply-demand imbalances increased. Today, the Market Stability Reserve (MSR) operates […]
The European Green Deal after Corona
Climate change policy cannot be the first priority of the EU for the immediate future. However, in spite of the corona-crisis the urgency of climate change mitigation has not disappeared. The post-corona recovery can both put the EU’s decarbonisation progress back on track – after low-carbon investments will inevitably take a hit – but the […]
An enabling framework for carbon capture and storage (CCS) in Europe
There are few credible scenarios for reaching the EU’s long-term climate policy objectives, such as net-zero by 2050, without the large-scale deployment of CCS technology. Carbon capture and storage technology is a pre-requisite for the decarbonisation of energy-intensive industries, which in the EU are responsible for about a fifth of all greenhouse gas emissions. At […]