REGULATION

European ETS for shipping moves one step closer

6 years ago

The European Parliament’s Environment Committee has given the go-ahead today for shipping to be included in the trading bloc’s emissions trading scheme, a move that many in shipping fear will lead to a series of regional regulations and potential disruption to the global supply chain.

The EU emissions trading scheme was initially focused on heavy industry and power generation but has recently been expanded to cover aviation within the EEA.

The European Parliament’s Environment Committee has given the go-ahead today for shipping to be included in the trading bloc’s emissions trading scheme, a move that many in shipping fear will lead to a series of regional regulations and potential disruption to the global supply chain.