CMW welcomes the proposed integration of the maritime sector into the UK Emissions Trading Scheme as of 2026.

We confirm the government’s approach of pricing emissions of greenhouse gases beyond CO2 because this is very relevant in maritime transport’s climate footprint. However, the UK administration should ensure that the cap is based on realistic assumptions that are aligned with the urgency of addressing climate change. A flat cap until the end of the decade simply cannot be considered a serious option.

Moreover, the UK should price 50% of emissions arising from international voyages, whether to and from the Republic of Ireland, the European Economic Area or the rest of the world. This will solve the issue of a fair level playing field between the Republic of Ireland and Northern Ireland, align with the EU’s approach, increase overall ambition and generate revenue. Finally, the scheme should already apply to smaller ships.