Major Carriers Push EU for Free Emission Allowances

  • European Commission prepares revision of the EU carbon market with shipping in it.
  • Major carriers push the EU for free emission allowances.
  • The two companies also warn against including voyages beyond the EU.

Maersk and CMA CGM call on the EU to award free allowances to the shipping lines, if the EU decides to include shipping in its Emission Trading System, reports Lloyd’s List. 

Request from carriers

As the European Commission prepares for its revision of the EU carbon market with shipping in...

https://mfame.guru/major-carriers-push-eu-for-free-emission-allowances/

EU Votes To Include Shipping in EU Carbon Market Plan

In a major development, the European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union’s carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution, reports Reuters.

Emission from Ship Voyages Included

Shipping is the only sector that does not face EU targets to cut emissions, but it is coming under increased scrutiny as the bloc attempts to steer industries towards its plan to become “...

https://mfame.guru/eu-votes-to-include-shipping-in-eu-carbon-market-plan/