ShippingWatch

Brussels leans towards limited scope for the inclusion of shipping in ETS

Much seems to indicate that one of the two smallest models will be proposed for EU's CO2 quota system and that the large ETS system is no longer on the table. The industry should not expect the money to return however, according to ShippingWatch's information.

Photo: Julien Warnand/AFP / POOL

Negotiations are hectic in Brussels at the moment, with neither politicians nor officials wanting to postpone the launch of the great prestige project Green Deal as the presentation has already been postponed by more than a month.

One of the crucial elements in the large agreement, which must lower CO2 emissions by 55 percent before 2030, is how shipping can contribute, and a much-discussed tool in the package is quotas under the ETS-system.

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