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Bellona Europa co-signs NGO statement on CBAM expressing concerns about isolating it from FitFor55 package

Publish date: March 15, 2022

Ahead of the Economic and Financial Affairs Council Meeting (ECOFIN), Bellona, together with a number of NGOs, signed a statement on ensuring the Carbon Border Adjustment Mechanism (CBAM) remains linked to work on the EU Emissions Trading System (ETS) Directive and other key aspects of the Fit for 55 package.

Two main demands are made:

  1. Ensure the integrity of the package and its ability to deliver on and exceed the level of ambition.
  2. The CBAM cannot be separated from ending free pollution permits under the EU ETS.

Read the full statement here:

NGO Statement on CBAM for ECOFIN Meeting, March 2022

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The role of CCS in Germany’s climate toolbox: Bellona Deutschland’s statement in the Association Hearing

After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.

Project LNG 2.

Bellona’s new working paper analyzes Russia’s big LNG ambitions the Arctic

In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.