FAQ: The EU ETS for shipping explained
The EU’s Emissions Trading System (EU ETS) is being expanded to cover shipping. But what does this involve and what does it mean for the maritime sector?
International shipping’s new climate plan provokes storm of protest
Green groups criticised the International Maritime Organisation’s failure to raise the shipping sector’s climate ambition sufficiently to ensure that this highly polluting sector navigates a course that is compatible with keeping global temperature increases within the 1.5°C limit set out in the Paris Agreement.
An ambitious climate deal for shipping requires all hands on deck
As the International Maritime Organisation (IMO) embarks next week on the latest round of talks on greenhouse gas emissions, civil society groups urge member states to agree to halve the carbon footprint of shipping by 2030 and eliminate it by 2050.
Making the EU carbon market shipshape for the maritime sector
The proposed inclusion of international maritime transport in the EU Emissions Trading System (EU ETS) is not only fair and in line with the ‘polluter pays’ principle, but also essential to helping the sector decarbonise.
European Parliament’s proposed carbon market revamp a licence for industry to pollute
The European Parliament’s draft report by MEP Peter Liese on revising the EU’s Emissions Trading System fails to strengthen the scheme’s climate targets while opening up multiple routes to hand out more free emission allowances and offer offsets, enabling heavy industries to profit from their pollution. German Christian Democrat MEP Peter Liese has released his …
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Rocking the boat on shipping emissions
This week’s talks at the International Maritime Organisation’s (IMO) Marine Environment Protection Committee (MEPC) must chart a speedy and ambitious course towards zero-emissions shipping. Today (22 November), the International Maritime Organisation’s (IMO) Marine Environment Protection Committee (MEPC) hit the waves again – but, this time, with potential rays of hope on the horizon. Momentum is …
Principles for market-based measures to decarbonise international shipping
Submitted by the Clean Shipping Coalition (of which Carbon Market Watch is a member), this document summarises the key principles that any market-based measure (MBM) agreed at the International Maritime Organisation (IMO) level needs to follow in order for it to be a fair and effective tool for contributing to the decarbonisation of international shipping.
Carbon Market Watch Newsletter – March 2021
A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s …
Sailing towards a global carbon price in the maritime industry?
Introduction Discussions and negotiations on carbon pricing for the international maritime sector are starting to pick up steam again at the International Maritime Organisation (IMO). This is an opportunity to finally get urgently needed, meaningful global climate regulation for this international sector. The maritime sector is the last emitting sector globally not to be covered …
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A global pollution price for ships is back on the agenda – here’s how to get it right
A worldwide shipping carbon pricing scheme must reduce pollution fast, finance technologies that reduce more emissions, and support countries most impacted by climate change. It must not include offsetting nor be allowed to weaken national or regional measures. The global shipping sector is still not paying for the climate damage it is causing. While carbon …
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