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EU leaves CO2 regulation to IMO ahead of 2023

The European Union will leave regulation of shipping's CO2 emissions to the IMO until 2023, after which date the EU will launch its own regulations if the IMO has not delivered. This is evident from the EU's final paper, which ShippingWatch is in possession of.

Photo: /ritzau/Marius Nyheim
BY ,

The shipping sector will not, as otherwise planned, be included in the EU's CO2 emission trading scheme (ETS) right now.

The final paper from the EU's Estonian chairmanship, which ShippingWatch is in possession of, shows that the EU now wants to leave the work of formulating rules to limit shipping's CO2 emissions in the hands of the IMO. The same will apply to the responsibility of reaching an agreement, and this prompts association Danish Shipping to support the EU paper.

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