Maritime CO2 emissions can be included in the EU ETS - Press Release
27/01/2010 - A cap-and-trade scheme (like the EU ETS) is the best policy instrument for reducing CO2 emissions of maritime transport in the European Union (EU). That concludes CE Delft in a report for the European Commission, DG Environment. The cap-and-trade system is feasible to implement.
The report demonstrates that out of the many policy instruments that address Greenhouse Gas emissions (GHG) directly or indirectly, inclusion of emissions in the EU ETS is the most environmentally effective and cost-effective. In the ETS, ship operators would have to surrender allowances for emissions on voyages to EU ports.
CE Delfts Jasper Faber says: “They would have to do so regardless of flag or nationality of the owner. Some ships may be diverted as a result, but this can be kept to a minimum by defining a voyage as the route from the port of loading to the port of discharge. Thus, changing routes becomes uneconomical for most ship types.”
See for the press release. You can download the report HERE.