Summary:
Carbon Contracts for Differences (CCfDs) can ensure a strong and stable carbon price signal that reduces the financing costs and risks of zero-emission investments, thereby supporting technologies to overcome the valley of death, leading to their commercialisation and large-scale use. Making investments in new processes financially attractive can eliminate the late-mover advantage of only investing in mature technologies. Like public support for offshore wind power over the last two decades, CCfDs can push the learning curve and help develop the know-how for an export-oriented European supply industry. [...]
IIT Project: CCfDsEUGREENS (CCfDsEUGREENS)
Funding entity: The Greens/EFA Group in the European Parliament.
Publication date: 01-06-2022
IIT-22-174I
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