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