The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s environmental accountability. The expansion will require vessels operating domestic…
https://gcaptain.com/uk-expands-emissions-trading-scheme-to-maritime-sector/
Cash-strapped Britain could benefit from an additional £1.8 billion a year if it were to tax shipping emissions, a new Transport & Environment (T&E) analysis shows, says an article published on Transport environment.
Shipping emissionsPricing the UK’s shipping emissions is a win for the climate and a win for the exchequer, says T&E.
UK shipping activity was responsible for 22 million tonnes of CO2 in 2021 – equivalent to a third of all the UK’s cars. If the UK...
https://mfame.guru/uk-government-missing-out-nearly-2bn-a-year-by-not-taxing-pollution/