Everything you need to know about the new carbon market for shipping
The ETS was adopted in 2003 and came into force in 2005. It covers all EU states plus Iceland, Liechtenstein and Norway. It mainly covers carbon dioxide (CO2) but also other greenhouse gases such as methane and nitrous oxide from energy intensive industries such as electricity and heat generation, oil refineries and production of various metals and chemicals, as well as aviation. From 2024, the ETS will apply to maritime shipping. T&E explains how this will work and what it will mean.
Vote to adopt the Net-Zero Framework postponed for one year
US, UAE, Saudi Arabia and other oil producing countries are pressuring EU to abandon its green shipping measures in return for weaker global deal
29 leading green fuel producers call for leaders to adopt the International Maritime Organization’s (IMO) Net Zero Framework and to provide specific i...