All trips between EU ports will be covered by the scheme
EU reaches deal to include shipping in ETS
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
The European Parliament, the Council of the EU and the European Commission have reached a preliminary agreement on a proposal to include maritime emissions in the EU emissions trading system (ETS). As initially proposed by the Commission, not only journeys inside the EU but also sections of journeys from EU ports to third countries and from third countries to EU ports will be included. The rules will be phased in so that shipping companies will have to surrender allowances that cover 40pc of their emissions in 2024, 70pc in 2025 and 100pc in 2026. “It is very important to include ships in the EU ETS because that will encourage shipowners and operators to use the best available technology, an
Also in this section
12 November 2024
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub
