Members of the European Parliament (MEPs) have adopted the reform of the EU’s Emissions Trading System, which will include the maritime sector. The reform also covers aviation, the Carbon Border Adjustment Mechanism and a new Social Climate fund.
In mid-April the Euro-Parliament approved deals made with EU member states in late 2022 in relation to the “Fit for 55” Package. That’s a...
The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) […]
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https://www.offshore-energy.biz/maritime-to-benefit-from-eur-2-billion-fund-to-decarbonize/
Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will […]
The post BSM: EU ETS will have extensive impact on our and our clients’ business appeared first on Offshore Energy.
The EU’s legislative bodies have reached an agreement on including shipping in its Emission Trading System (EU ETS). Subject to final adoption, ships above 5000 GT transporting cargo or passengers for commercial purposes in the EU will be required to acquire and surrender emission allowances for their CO2 emissions from 2024. Offshore ships will be included from 2027. This statutory news summarizes the current information on EU ETS, reports an article published on...
https://mfame.guru/preliminary-agreement-to-include-shipping-in-the-eus-emission-trading-system/
A recent news article published in the Engine speaks about Recap 2022: The Year in Alternative Fuels.
Developing fuel cells or internal combustion enginesWhether it was developing fuel cells or internal combustion engines, investing in alternatively-fuelled ships or carbon capture technologies – several maritime companies made tangible steps this year to reduce their future carbon footprint. Here’s what’s been happening in alternative fuels in 2022.
“Global warming is a...
https://mfame.guru/the-year-2022-will-be-remembered-as-the-year-of-alternative-fuels/
In the final round of talks over the weekend, the EU Council and the […]
The post EU poised to start taxing shipping emissions in 2024 appeared first on Offshore Energy.
https://www.offshore-energy.biz/eu-poised-to-start-taxing-shipping-emissions-in-2024/
European shipowners welcome the outcome of trilogue negotiation and the provisional agreement on the EU ETS maritime, reports ECSA.
Earmarking EU ETS revenuesThe Parliament and the Council have embraced the calls of the industry stakeholders to earmark EU ETS revenues back to the maritime sector to support its energy transition. At least 20 million ETS allowances, which correspond to 1.5 billion Euro under the current ETS carbon price, will be allocated to maritime...
https://mfame.guru/shipowners-welcome-provisional-agreement-on-eu-ets/
A preliminary agreement has been reached between the EU’s top three institutions to include […]
The post Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20 appeared first on Offshore Energy.
The total climate footprint from production to combustion should be considered in the EU ETS for maritime, says an article published on Cision.
Renewable energy producersThe World Shipping Council joins with Danish Shipping and renewable energy producers, shipowners and other organisations in an open letter to EU’s decision makers.
Full value chain
The European Commission has proposed to include shipping in the EU’s emissions trading system (ETS) as from 2023.
The...
Shipping organizations are urging politicians in the European Union to agree on a life-cycle […]
The post Shipping sector: EU ETS must adopt life-cycle approach on green fuels appeared first on Offshore Energy.