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Price of EU carbon quotas climbs to all-time high

The price of European carbon quotas is soaring, as the shipping sector is on track to soon be included in the system. Right now it costs USD 42 to emit a ton of carbon, the highest price ever. Maersk has asked the EU for permission to not pay at all.

Maersk and CMA CGM want EU to award free allowances to the most efficient ships

The two major container lines Maersk and CMA CGM call on the EU to award free allowances to the shipping lines with the most efficient fleets, if the EU decides to include shipping in its Emission Trading System. The two companies also warn against including voyages beyond the EU, according to responses from the shipping lines.

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