Feedback on Emissions Trading Scheme 1 call for evidence

Our key points to further improve its effectiveness and impact:

• A strong and stable carbon price would serve as a key driver for investments in the many proven, scalable and cost-effective solutions that can accelerate cement and concrete decarbonisation.
• The EU ETS has underdelivered on sectors like cement. This can be attributed to the high levels of free allocation in the market, often even surpassing actual emissions.
• The MSR has guaranteed a stable and strong carbon price. This is crucial for the functioning of the EU ETS and should be preserved at all costs.
• Level-up investments to the full spectrum of clean cement and concrete technologies. To date the Innovation Fund (IF) has exclusively supported the deployment of CCS technologies in cement. While important, we believe a more diversified approach is urgently needed in response to the wide range of other cost-effective cleantech solutions on the market.

Read our full feedback here.