Founding Editor of The Kelvin Report // Bluesky: @sinanrecber.bsky.social
Berlin, Deutschland
Joined October 2010
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EU countries channelled around 7% of their carbon price revenues into decarbonising domestic industry in 2025, shows the European Commission’s new ETS 1 report.
Member states spent ~€1.7bn out of €23.9bn on projects like CCUS and renewable process heat. 🧵👇
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NEW: Italy, Spain and the Netherlands are pushing back against European Commission plans to award EU industrial decarbonisation cash to companies rolling out projects fastest, according to comments seen on the planned €30bn “Investment Booster” (IB). 🧵👇
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A fresh approach is essential so that the cash actually translates into real-world industrial decarbonisation in the end.
It will now be intriguing to see how Germany and France position themselves on this debate in the EU Council.
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Read the full story on today's cover: kelvinreport.com/pushback-ov…
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NEW: The looming funding gap for the planned scale-up of carbon removals across the EU could top €18 billion, fresh calculations by environmental organisation Clean Air Task Force suggest. 🧵👇
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I haven’t heard anything along these lines from EU member states yet. But they will hardly be thrilled with the pitch, given it would ultimately mean coughing up national revenues.
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Read the full CATF analysis here: cdn.catf.us/wp-content/uploa…
More on energy, industrial, and climate policy: kelvinreport.com/#/portal/si…
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