Tag: Emissions Trading System

The Asian Shipowners' Association (ASA) expressed its concerns regarding the inclusion of shipping in the EU ETS, which says that "it is being taken forward with little apparent understanding of the implications for the ongoing negotiations at IMO to eliminate GHG emissions."

Inclusion of shipping in the EU ETS will encourage shipping’s journey towards decarbonisation, but EU action threatens to undermine broader international progress if the ETS extends outside of the EU, says World Shipping Council.

ECSA published its policy paper on the EU ETS proposal, welcoming the increased climate ambition of the ‘Fit for 55’ package.

IBIA has studied the European Commission’s “Fit for 55” package of proposals, and highlights a number of potential consequences and concerns.

The European Sea Ports Organisation (ESPO) welcomes the new “Fit for 55”-proposals as an important first step towards reaching the European Green Deal ambition and the 2030 and 2050 goals enshrined in the EU Climate Law. 

The inclusion of shipping in the ETS would not pose any technical barrier to a global emissions reduction measure, but instead, it may accelerate IMO discussions, according to a new report by Oeko Institute along with European green group T&E.  

The European Commission (EC) presented its FuelEU Maritime proposals. These proposals aim to increase shipping’s uptake of renewable and low carbon fuels (RLF).

On 14 July, the EU officially proposed the extension of EU Emissions Trading System to cover the shipping sector. Amid increased discussions on the ETS, which seeks to put a price on carbon to reduce emissions, the EU answered five questions surrounding the issue. 

Following the announcement from the EU today about the proposed extension of the EU’s Emissions Trading System (ETS) to cover the international shipping sector, the ICS issued statement to comment the news.

The European Environmental Bureau (EBB) says that the European Commission is missing another historic opportunity to phase out fossil fuels in the ‘Fit for 55’ package.