Provisional ETS agreement: Earmarking of revenues can mark turning point for European shipping’s decarbonisation

Aerial view container ship carrying container in import export business logistic and transportation of international by container ship in the open sea.

European shipowners welcome the outcome of yesterday’s trilogue negotiation and the provisional agreement on the EU ETS maritime. The Parliament and the Council have embraced the calls of the industry stakeholders to earmark  EU ETS revenues back to the maritime sector to support its energy transition.  At least 20 million ETS allowances, which correspond to 1.5 billion Euro… Continue reading Provisional ETS agreement: Earmarking of revenues can mark turning point for European shipping’s decarbonisation

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