Exceptions from CO2 quota system may prevent EU's climate effort, says NGO

If exceptions from the EU’s CO2 quota system for, among other industries, shipping survive in the final legislation in climate deal between EU countries’ governments, the EU bloc risks missing its 2030 climate target, warns NGO.

Photo: PR / CMA CGM

The deal between the EU countries’ governments on the CO2 quota trade system, Emissions Trading System (ETS), which for the first time will include shipping, contains such a heap of exceptions that it may become difficult for the union to reach its climate target.

Such is the view of international NGO Transport & Environment (T&E) in a comment on the climate agreement, which was made by the EU countries’ environmental ministers in the Council of the European Union late Tuesday after lengthy negotiations.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs