A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain
Keyword: MBM
Governments Expected to Agree on World’s First Levy on Shipping Emissions At Upcoming IMO Meeting
Countries are expected to close in on a global shipping levy at next week’s International Maritime Organization meeting in London.
UN talks on a global carbon price on shipping enter final stage
Governments are expected to close in on key shipping climate laws-including a global carbon price-at the 18th intersessional meeting at the UN’s International Maritime Organization (IMO), on 17-21 February in London.
A strong carbon tax on shipping can give hope to climate-vulnerable communities
The International Maritime Organization is nearing a deal to price shipping emissions – it should be in the form of a levy that benefits the Global South
EU must steer proposed shipping carbon levy towards needs of most vulnerable countries
With the growing momentum for the adoption of a global carbon levy on international shipping this year, the European Union’s proposal must go stronger on justice and equity.
Shipping emissions under the European Union Emissions Trading System
The European Union Emissions Trading System (EU ETS) is expanding to include the maritime sector as part of its efforts to reduce greenhouse gas emissions.
Carbon calculators proliferate ahead of imminent EU ETS inclusion
With 26 days to go until shipping is included in the European Union Emissions Trading Scheme (EU ETS) brokers and tech firms are falling over
themselves to offer clients carbon calculators.
Frontline: The question is whether the industry is ready for EU carbon quotas
Lars Barsad, CEO of the Oslo-listed tanker carrier Frontline, questions whether the industry is ready for the change that being
implemented in the EU’s carbon trading system, EU ETS, will bring.
Greening global trade, one container at a time
Promoting trade in environmental goods and low-carbon technologies can be a powerful tool to combat the climate crisis
2024 will be shipping’s decarbonisation reality check
There was no shortage of regulatory headlines in 2023 – with MEPC 80 adopting a revised GHG strategy, the IMO’s Carbon Intensity Indicator (CII) taking effect, and the EU formally extending the Emissions Trading System (ETS) to shipping, it was the year when the conversation on decarbonisation moved from concept to implementation.