T&E supports the Commission’s initiative to develop a carbon pricing scheme for the maritime sector as it sends a clear signal to the market that polluters need to pay.
Crucially, the maritime ETS will raise revenues that will be essential for deploying sustainable zero-carbon technologies and fuels in shipping. As global shipping will require between $70-90 billion in annual investments over the next 20 years to fully decarbonise by 2050, a dedicated support scheme for the maritime sector should be set up. This T&E briefing outlines how this can be done.
Decisions at the International Maritime Organization next year will define the future of the shipping industry
Dedicating a quarter of the carbon market revenues from the shipping and aviation industries can help to bridge the price gap between fossil fuels and...
T&E calls for stricter efficiency measures to ensure ships sail slower and invest in energy saving technologies like wind