Regulation

EU's shipping carbon quotas may come into force as soon as January 2022

Despite outspoken dissatisfaction from the shipping industry and suggestions of separate fees for the shipping industry, it looks like the EU will plough ahead with its plans to include the maritime industry in its Emissions Trading System, and it could even happen in just a years' time.
by IDHA TOFT VALEUR

The legislation necessary to include the shipping industry in the EU ETS can come into force as soon as Jan. 1 2022 – all in the name of decarbonization. A draft legislation where emissions from ships are included has been approved by the European Parliament. Now, the EU Commission's ETS initiative is in the public consultation phase which closes on Feb. 5 2021.

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