European shipowners, ports, the cruise sector, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders and port operators join forces and call on the Member States and the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in the EU ETS for the maritime sector.
In a joint letter, ECSA, Advanced Biofuels Coalition, CLECAT, CLIA, ESPO, eFuel Alliance, ENMC, ESC, EWABA, FEPORT, SEA Europe, reiterate their support for the objectives of the European Green Deal, EU Climate Law and the Paris Agreement.
We call on the EU Member States and the Members of the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in the EU ETS for the maritime sector in order to foster its decarbonisation. We strongly support the establishment of a dedicated fund for the maritime sector under the EU ETS, as proposed by the European Parliament
More specifically, the letter believes that all these revenues should, among others:
- Contribute to lowering the price gap between conventional and low- and zero-carbon fuels, so that they become commercially available;
- Fund R&D and innovation projects for low- and zero-carbon fuels and propulsion technologies considering operational and critical safety issues associated with the supply and use of low- and zero-carbon fuels;
- Fund the scaling up and deployment of low- and zero-carbon fuels and propulsion technologies on board vessels and infrastructure on shore;
- Support the investments in ports in order to deploy the infrastructure for low- and zero-carbon fuels, connections to electricity grids, energy storage as well as stepping up the supply chain for renewables and offshore energy.
The transition towards decarbonisation not only requires retaining and ensuring the growth of the maritime workforce, but the maritime sector at large will need updated training requirements, upskilling and reskilling to meet the EU climate targets. The earmarking of the EU ETS revenues will be vital to address this need successfully
the letter reads.
