ShippingWatch

EU presidency seeks to postpone deadline for new shipping quota demands

After a surprising rejection in relation to EU’s quota trade system, ETS, the union’s French presidency now opens up to postponing demands for when shipping will become subject to new CO2 quota regulation.

Photo: Daniel Reinhardt/AP/Ritzau Scanpix

LUXEMBOURG – There may be some extra time available for the shipping industry in the coming years to prepare for having to pay for CO2 emissions in relation to sailings in Europe.

At least if matters are left up to the presidency of the EU’s 27 member state governments. This is evident from a draft by the EU Council’s French presidency – read by news agency Agence Europe – which, among other things, proposes to postpone the inclusion of the maritime sector.

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