Regulation

EU carbon quotas could give carriers an edge on the global stage

Smaller shipping companies are unlikely to break their necks on the new climate rules. Rather, it could give them a head start in the green transition.
The ETS work that shipping companies are facing will, in the medium term, provide an incentive to reduce emissions. This gives them an advantage in the global market, says market analyst Joe Bettles. | Photo: Charlie Riedel/AP/Ritzau Scanpix
The ETS work that shipping companies are facing will, in the medium term, provide an incentive to reduce emissions. This gives them an advantage in the global market, says market analyst Joe Bettles. | Photo: Charlie Riedel/AP/Ritzau Scanpix
by METTE GRUBE CONDRUP

Smaller shipping companies need not fear that the adjustment to the EU’s quota rules, ETS, will result in such high costs when they have to cover their CO2 emissions that it could push them into bankruptcy.

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