Shipping appears to be spared the largest model for climate regulation when the EU Commission submits its proposal tomorrow and unveils its plans for how shipping can be incorporated into the EU's carbon quota trading system, known as the Emissions Trading System (ETS).
According to media Agence Europe, the European Commission will propose that shipping is incorporated into the system by way of a medium-sized model, meaning that emissions stemming from traffic inside the EU and half of emissions on traffic to and from the EU will be included in the ETS.
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