Shipping stands to pay US$9.2 billion in EU carbon trading costs

Capt. John

THE maritime sector will pay EUR8.4 billion (US$9.2 billion) in 2026 in taxes and costs generated by the European Emissions Trading System (ETS), according to Hecla Emissions Management, a company founded by Wilhelm Ship Management and Affinity Shipping, reports Rotterdam’s Offshore Energy. The European Union’s Monitoring, Reporting and Verification (EU MRV) regulation requires all ships exceeding 5,000 gross tonnes to collect and report data on CO2 emissions released to and from European Union...

https://www.seanews.com.tr/shipping-stands-to-pay-us-9-2-billion-in-eu-carbon-trading-costs/197856/

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