Will the revenues from CO2 emissions disappear into thin air?
Low emission energy transition will cost up to 200 billion EUR in the years to come. This impressive amount may suggest that Poland cannot afford to invest in the power or heating sectors. Meanwhile, building a safe and reliable system is crucial for citizens, economy and climate. It is high time to look at potential sources of financing for low-carbon modernisation, and make sure they do not vanish into the budget.
Will the revenues from CO2 emissions disappear into thin air?
Low emission energy transition will cost up to 200 billion EUR in the years to come. This impressive amount may suggest that Poland cannot afford to invest in the power or heating sectors. Meanwhile, building a safe and reliable system is crucial for citizens, economy and climate. It is high time to look at potential sources of financing for low-carbon modernisation, and make sure they do not vanish into the budget.
COP24 - what next with the climate policy in the EU?
The practical impact of the climate summit agreements on EU and Polish policy is rarely appreciated. Meanwhile, climate policy will be an important point of reference in discussions on integrated national plans, national long-term strategies, or when setting the financial framework for 2021-2027. What are the conclusions of COP24 and, above all, what to expect this year?
COP24 - what next with the climate policy in the EU?
The practical impact of the climate summit agreements on EU and Polish policy is rarely appreciated. Meanwhile, climate policy will be an important point of reference in discussions on integrated national plans, national long-term strategies, or when setting the financial framework for 2021-2027. What are the conclusions of COP24 and, above all, what to expect this year?
Revenues from ETS auctioning as source of financing for low-emission modernization in Poland
Revenues from auctioning of the national pool of ETS allowances may become the major source of financing for low-emission modernization of energy sector in the coming decade (2021-2030).
Revenues from ETS auctioning as source of financing for low-emission modernization in Poland
Revenues from auctioning of the national pool of ETS allowances may become the major source of financing for low-emission modernization of energy sector in the coming decade (2021-2030).
On October 24, 2014, the European Council established the Modernization Fund (MF) for years 2021–2030 supplied with revenue from the sale of 2% of the total pool of CO2 emission allowances. The instrument is to support the modernization of power system and the improvement of energy efficiency in EU Member States, where GDP per capita in 2013 was lower than 60% of EU average (in nominal terms).
On October 24, 2014, the European Council established the Modernization Fund (MF) for years 2021–2030 supplied with revenue from the sale of 2% of the total pool of CO2 emission allowances. The instrument is to support the modernization of power system and the improvement of energy efficiency in EU Member States, where GDP per capita in 2013 was lower than 60% of EU average (in nominal terms).
Industrial competitiveness is at the centre of the Polish debate about the future (and the logic) of climate and energy policy. There is a widely held opinion that low prices are the most important condition for a thriving industry.
Industrial competitiveness is at the centre of the Polish debate about the future (and the logic) of climate and energy policy. There is a widely held opinion that low prices are the most important condition for a thriving industry.