Brexit opens EU ETS savings window

The European Union (EU) carbon taxation scheme (ETS) came into effect in January 2024, imposing a tax on CO2 emissions for ships calling at EU ports. Under this scheme, ships sailing between two EU ports must pay a carbon tax for the entire duration of the journey.

In contrast, ships travelling between a non-EU port and an EU port are required to pay a carbon tax for 50% of the journey. It’s important to note that the EU is phasing in this requirement: only 40% of the ETS tax is due in 2024,...

https://container-news.com/brexit-opens-eu-ets-savings-window/

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