ShippingWatch

Danish Shipping is skeptic toward green shipping fund financed by CO2 trading

The EU Parliament wants to establish a major fund compensating shipping’s carbon quota expenses, but Danish Shipping warns against forgetting those who have already invested in green solutions.

Photo: PR / Maersk

BRUSSELS – While negotiators and shipping organizations last week supported the idea of a green fund from sale of CO2 quotas in order to promote shipping’s green transition, expectations are more modest at trade organization Danish Shipping.

In fact, there is no expectation that a potential billion-dollar fund will ever see the light of day.

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