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.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DB Schenker defends carriers in red-hot container market

One of the major global customers, German DB Schenker, defends the quality offered by container lines in the exceedingly feverish market, which other freight forwards have criticized in strong terms. Even the high rates are in order, says the COO of Air & Ocean in an interview with ShippingWatch.

Azane Fuel Solutions was created during the pandemic using Teams

Azane Fuel Solutions was established in the middle of the pandemic. Digital meetings and planning over the phone proved no obstacles for top execs at Amon Maritime and Econnect Energy during the start-up. Now they have to set up bunkering terminals for ammonia in two and a half years.

Further reading

Related articles

Trial banner

Latest news

See all jobs