New report: EU's ETS proposal far from enough to ensure green transition in shipping
EU plans to incorporate shipping in its CO2 quota system, but the EU's proposal is too soft to ensure decarbonization, according to report published by consultancy. Without a steep price on CO2, the EU merely promotes the cheapest fuel savings.
by JENS THOMSEN
The plans to incorporate shipping into the EU's Emissions Trading System (ETS) could push the industry in the direction of a greener future, but it won't be enough to ensure a decarbonization of the sector.
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