Investor Presentaiton
South Pole Group
•
Linking prospects
Linking subject to policy decisions and demand/supply dynamics
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Currently basically no exports of domestic offsets to price gap
between ERF prices and international voluntary markets
.
Main long-term interest in importing international units (to a limited
extent) in order to meet 2030 climate targets
However
.
Provisions and mechanisms for export of ACCUS already in place
Theoretical potential in land-use sector of around 500 Mt CO2e, which
could not only make a significant contribution to domestic targets but
also create room for exports
Oversupply of ACCUS under ERF possible, depending on outcomes
of 2017 policy review (stringency of safeguard mechanism & link to
ERF + additional government funds for ACCUs auctions)
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