Our CSCF Simulator suggests that the Commission's ETS Fit-for-55 reform proposal is more resilient to a CSCF than the Impact Assessment might suggest.
The difference in finding seems to be due to the following factors:
Assuming the Commission's rule changes are introduced in 2024, and activity levels and emissions intensity improvements are consistent in the baseline periods, the proposal just avoids a CSCF. See below for an explanation of the model and its assumptions in more detail. The parameters can be adjusted directly below. For further information, or to provide feedback, contact [email protected] EXPLANATION
DATA SOURCES Benchmark data report Phase IV cap and LRF value Phase III cap and LRF value Commission's ETS reform proposal
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Damien GreenManaging Director Archives
February 2023
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