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Tag: ETS Shipping | Ferry Shipping News

Apr 21
0

ETS Shipping (1): Inclusion of maritime emissions in EU Emissions Trading System

By | 2023 Newsletter week 16 | No Comments

On Tuesday 18 April 2023, European Parliament approved the deals reached with EU countries in late 2022 on several key pieces of legislation that are part of the “Fit for 55 in 2030 package”. This is the EU’s plan to reduce greenhouse gas (GHG) emissions by at least 55% by 2030 compared to 1990 levels in line with the European Climate Law.

The reform of the Emissions Trading System (ETS) increases the ambition of the ETS as GHG emissions in the ETS sectors must be cut by 62% by 2030 compared to 2005-levels.

Parliament also voted to include, for the first time, GHG emissions from the maritime sector in the ETS and agreed to the revision of the ETS for aviation.

Source: European Parliament
Apr 21
0

ETS Shipping (2): Europe’s ports call for early and robust action to prevent evasion

By | 2023 Newsletter week 16 | No Comments

ESPO welcomes the inclusion of maritime in the EU ETS1 as part of decarbonising shipping. Europe’s ports have consistently called for an ambitious maritime EU ETS that makes the green transition of maritime possible, whilst protecting the competitiveness of European ports.

Whilst ESPO welcomes that a price tag is being put on the emissions produced by ships, the geographical scope of the EU ETS Maritime agreement could still lead to evasive port calls where shipping companies can avoid paying into the ETS by adding a call to a port outside the EU, or by reconfiguring their routes.

Source: ESPO