Discover and read the best of Twitter Threads about #Klimaschutzverträge

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News🔥 on Germany's double-digit billion€ #CCfD/#KSV program for climate-neutral industry.
The binding call-of-interest starts NOW, deadline in 2 months, a precondition to participate in the 1st tender.
bmwk.de/klimaschutzver…
Quick thread with infos & academic background 1/
Carbon contracts-for-difference (#CCfD, in German #Klimaschutzverträge, #KSV) are a policy instrument to guarantee a fixed carbon price to innovative low-carbon industrial projects, for each ton of emission reductions below the conventional benchmark technology. 2/ Image
This is done via a project-specific two-sided contract-for-difference on the EU ETS price and EU BAT benchmarks as baseline (as first proposed in 2017 here: diw.de/documents/publ…, and peer-reviewed in comparison to one-sided CfD/price floor here: sciencedirect.com/science/articl…) 3/
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