The European Parliament and the European Council have embraced the calls of the industry stakeholders to earmark European Union Emissions Trading System (EU ETS) revenues back to the maritime sector to support its energy transition. European shipowners welcome this outcome.
According to European Community Shipowners’ Associations (ECSA), at least 20 million ETS allowances, which correspond to US$1.56 billion under the current ETS carbon price, will be allocated to maritime projects under the...
https://container-news.com/european-union-agrees-provisional-ets-deal-for-shipping-industry/