HOW WILL THE EU ETS IMPACT YOUR BUSINESS?
The recent proposed inclusion of shipping in the EU Emissions Trading Scheme (ETS) has stirred hot debates and discussions of just how this regulation will impact the sector if ratified for implementation in 2022.
With pre-existing global agreements from IMO’s MEPC72 meeting in 2018 to reduce greenhouse gas emissions by 50% by 2050, will the EU’s proposal hinder or help?
Will this lead to regional regulations and supply chain disruption? How accurate is emissions recording and reporting at sea? Where is the incentivisation and who will foot the bill?
Our panel of experts address concerns that the application of the EU Emissions Trading Scheme (ETS) to the shipping industry may impede the progress being made by operators in the global reduction of CO2 emissions.
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