A draft plan by the environment ministry, seen by Reuters, says that companies that commit to cutting carbon dioxide emissions by more than half using innovative technologies could be given the go-ahead to operate on the basis of 10-year CfDs.
Through CfDs, the state reduces or partially finances higher operating costs than those in existing processes, decreasing uncertainty around the development of emissions permit prices and thus helping planning and access to finance.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: