As the shipping industry faces stricter emissions regulations, Unifeeder is poised to adapt and play an active role in the reduction of maritime emissions. To address climate change, the EU is implementing the EU Emission Trading Scheme (ETS), which is part of the Fit for 55 plan to reduce ...
EU Emission Trading Scheme (ETS) has been initiated to combat climate change by reducing greenhouse gas emissions. EU ETS is part of the EU's Fit for 55 plan to reduce greenhouse gas emissions to 55% of 1990 levels by 2030 and for the EU to be carbon neutral by 2050. The aim of EU...
doi:10.58948/0738-6206.1740TRUBY, JON MSocial Science Electronic PublishingTruby, J. M. (2014). Maritime emissions taxation: an alternative to the EU emissions trading scheme. Pace Environmental Law Review, 31;
The Emissions Trading Scheme is a complex set of legislation created by the European Commission to tackle climate change by reducing greenhouse gas emissions from heavy industries and power plants, and, from January 1, 2024, it applies to shipping. The EU ETS is operating through a "cap and ...
From 2024, the EU Emissions Trading Scheme (EU ETS) will expand to include emissions produced by maritime transport. “Shipping companies” (as defined in the agreed amendment to theEU ETS Directive) will be required to pay for emissions caused by ships carrying cargo or passengers for commercia...
It is expected that the total number of allowances will decrease more rapidly, that fewer free allowances will be given to installations and that several new sectors will be added to the scheme (maritime, road, and buildings). It is therefore important to understand whether the adoption of ...
Set up in 2005, the EU ETS is the world's largest emissions trading system, based on a “cap and trade” scheme: A maximum (cap) is set on the total amount of greenhouse gases that can be emitted by companies inside the EU area within a given year ...
The EU’s Emissions Trading Scheme (EU-ETS) is the world’s largest carbon-trading scheme and operates in all EU countries and Iceland, Liechtenstein, and Norway. Starting in 2005, the scheme focused on the power sector and manufacturing industry. But in 2019, the European Commission (EC) ...
Indeed, air transport will be included in the EU's emissions trading scheme as of 2012. The same will apply to maritime transport in 2013 if the International Maritime Organisation (IMO) does not agree on global measures in 2011, the Commission says. ...
The EU emissions trading system’s (ETS) invalidation rule implies that shocks and overlapping policies can change cumulative carbon emissions. This paper explains these mechanisms and simulates the effect of COVID-19, the European Green Deal, and the re