Shipping to be added to EU carbon trading scheme from 2024

Cecilia Keating
clock • 2 min read
A moored cargo ship at the Port of Rotterdam, one of Europe's busiest ports | Credit: iStock
Image:

A moored cargo ship at the Port of Rotterdam, one of Europe's busiest ports | Credit: iStock

Plans designed to galvanise maritime sector's currently underpowered decarbonisation efforts

Shipping companies will have to purchase carbon allowances to cover emissions from voyages within the EU from 2024, under proposals agreed by the European Union this week. On Tuesday evening, EU legislators...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Shipping

MSC Cruises scuttles LNG adverts after 'greenwashing' complaint

MSC Cruises scuttles LNG adverts after 'greenwashing' complaint

Nine-month ASA investigation a shot across the bows of cruise operators marketing LNG as 'green' fuel, NGO claims

Stuart Stone
clock 18 December 2024 • 3 min read
How one of the world's oldest technologies is helping decarbonise maritime shipping

How one of the world's oldest technologies is helping decarbonise maritime shipping

Use of wind power on cargo ships through sails is growing exponentially as governments and trade organisations push for increasingly tough emissions targets

Jim Giles, Trellis
clock 06 December 2024 • 4 min read
Port of Tyne launches Green North Sea Shipping Corridor Project

Port of Tyne launches Green North Sea Shipping Corridor Project

Port of Tyne and Port of IJmuiden in Amsterdam advance plans to deliver world’s first green shipping corridor

James Murray
clock 03 December 2024 • 3 min read