Regulation

Shipowner associations positive about preliminary climate deal: "We are pleased"

A number of European shipowners’ associations are optimistic about the preliminary ETS agreement, which sets the stage for a gradual phase-in period for shipping.
Maria Skipper Schwenn, Danish Shipping's Head of Climate, Environment and Security. | Photo: Danske Rederier
Maria Skipper Schwenn, Danish Shipping's Head of Climate, Environment and Security. | Photo: Danske Rederier
by DANIEL LOGAN, JENS THOMSEN

With a preliminary deal in place for shipping’s inclusion into the European Union’s quota trade system, Emissions Trading System (ETS), it is now clear that carriers will have to pay for CO2 emitted by their ships within the EU from 2024 onwards.

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