MSC’s CEO Soren Toft has expressed concern that the European Union’s emissions trading scheme (ETS) could be commoditised and drive up costs.
During a Lloyd’s List podcast on 2 December, Toft said, “I find it extremely concerning is that the ETS is open for anybody and not just for the companies that are having factual emissions. Any person, any private equity, which wants to speculate can go and buy these carbon credits and trade them.”
From 2024, shipping will have to buy carbon allowances to...
https://container-news.com/mscs-toft-concerned-that-emissions-trading-could-aggravate-inflation/