Green hydrogen is set to become a key pillar of the European Union’s (‘EU’) sustainable development and emissions reduction plans, with significant implications for both the decarbonisation pathway the EU will follow over the next three decades and for carbon pricing in the EU, according to our new research paper. The EU’s plan to make green hydrogen a key pillar of its sustainable development and emissions reduction efforts could have significant implications for carbon and the EU economy over the next 30 years, says BNPP Paribas Asset Management.
Their new research, Deep Decarbonization: Green Hydrogen, Net Zero and the Future of the EU-ETS, written by Mark Lewis, BNPP AM’s Chief Sustainability Strategist, examines the pathway to achieving net zero emissions, the prospects for green hydrogen as a new source of energy and the future of the EU Emissions Trading System (EU-ETS), as well as the potential impact on the pricing of Carbon Emission Allowances (‘EUAs’).
