Shipping industry urges EC to add emissions to EU Emissions Trading System
Clean Shipping Index and BICEPS Network have called on the European Commission (EC) to include shipping emissions in the EU Emissions Trading System (ETS) under a special fund.
The two associations have also sent two letters to the EC supporting the European Union’s (EU) environment committee’s proposal to regulate carbon dioxide (CO2) and other greenhouse gas emissions in the shipping sector.
The EU committee signed an agreement in December stating that emissions from ships should be included in EU-ETS from 2023, should the International Maritime Organisation does not deliver a further global measure to cut greenhouse gas emissions for international shipping by 2021.
Clean Shipping Index and BICEPS have both requested in their letters that the EC vote in favour of adding shipping emissions in the EU-ETS.
Transport & Environment (T&E) has also lent its support for the cause, and is supported by 50 organisations working to promote smarter, cleaner transport in 26 countries across Europe.
Transport & Environment shipping director Bill Hemmings said: “Ship CO2 is completely unregulated, and shipping is the only sector in Europe not contributing to the 2030 emissions reduction target.
“Parliament is right that this must change if the IMO does not act. Lower CO2 means less climate warming and lower fuel burn, which lowers costs.
“That’s a win-win for industry, shippers and consumers.”
Clean Shipping Index currently represents 29 companies involved in shipping goods around the world, while BICEPS Network includes various companies such as AB InBev, AkzoNobel, DSM, Farm Frites, FrieslandCampina, Huntsman, IOI Loders Croklaan, and Lamb Weston/Meijer, among others.