How does the shipping ETS work?
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.
Related Articles
View All
What the Electrification Action Plan means for transport
T&E's in-depth review of the EU Commission's Electrification Action Plan
EU risks losing ground to China in race to produce green shipping fuels
Europe’s 69 e-fuel projects could deliver zero-emission fuels to shipping by 2033, but only six are operational. Regulatory measures would help more a...
EU takes half-hearted step towards taxing international flights
Extension of ETS to some international flights, private jets and to smaller ships are steps forward, but overall weakening of the ETS undermines Europ...