Turkey Moves to Close EU Loophole With Its Own Emissions Trading Scheme

Capt. John

The government of Turkey is moving forward with its carbon pricing scheme, comparable with the EU Emissions Trading System (ETS), denying shipowners the opportunity to use its ports to avoid tariffs, reports The Loadstar.

Emissions trading scheme

The ETS levies a 50% tax on emissions from vessels from outside Europe calling at EU ports – a vessel traveling from a port in Asia might have been able to make a tactical transshipment call in Turkey to dodge an ETS fee.

Ports within 300 nautical miles...

https://mfame.guru/turkey-moves-to-close-eu-loophole-with-its-own-emissions-trading-scheme/

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