Tag: Emission Trading System (EU ETS)
EU Extends ETS To Shipping Industry
The expansion of the EU Emissions Trading System (ETS) to include the shipping industry within the European Economic Area (EEA) is reshaping the landscape...
EU ETS Could Create $20B Liability For Shipping!
There has been extensive speculation of the cost for shipping from the European Union’s Emissions Trading System which starts to phase in as of...
First EU ETS Carbon Allowance Calculator Released By Coach Solutions!
Coach Solutions, a leading provider of maritime data solutions, has released a calculator to enable vessel operators to calculate sailing costs under the EU...
Vying For Decarbonization In Shipping
Credits: Venti views/Unsplash
Decarbonisation of the shipping industry is a high-profile current issue.
There are two upcoming IMO measures directed at reducing greenhouse gas...
EU Agrees To Reform Its Carbon Market
The European Union has reached an agreement to reform the EU carbon market, in which greenhouse gas emissions in the ETS sectors will be...
EU ETS To Begin Taxing Shipping Emissions From 2024
The European Council and the European Parliament reached a provisional political agreement on important legislative proposals of the ‘Fit for 55’ package, including the...
ESPO Spells Out Framework For Success Of EU ETS
The European Sea Ports Organization (ESPO) says in order for the EU Emission Trading System (EU ETS) to be a success, measures against carbon...
‘Earmarking Of Revenues’ The Turning Point For European Shipping
The Parliament and the council agreed to industry stakeholders' calls to earmark EU ETS revenues back to the maritime sector to support energy...
Regional Nature Of Shipping’s Inclusion in the EU ETS Criticized
Trading firm Trafigura criticized the regional nature of shipping's inclusion in the EU's emissions trading system (ETS) and stressed the need for a global...
European Union and 2030 Climate Target for Shipping
The European Commission announces an increased climate target for 2030.
It aims at extending the EU's Emission Trading System (EU ETS) to the...