A report that details the revision of the EU emission trading system (ETS) has been adopted by Industry Committee, ITRE, of the European Parliament signalling the rejection of shipping in the EU ETS with the demand that shipping’s emissions are to be regulated in the U.N by the International Maritime Organization (IMO).
Several Members of the European Parliament (MEPs) presented amendments to include shipping in the EU ETS, however the majority vote backed the regulation of shipping’s emissions on a global scale with ITRE members stressing that the EU will hold the IMO accountable for shipping’s CO2.
The European Community of Shipowners’ Association (ECSA) support the report filed by MEP Fredrick Federley (ALDE / Sweden) that calls upon the European Commission to monitor that international sectors contribute to the reduction of CO2 emissions in accordance with the Paris Climate Agreement.
“This is an important signal from the European Parliament and we fully agree that IMO now has to deliver a workplan and set a timeline for the further reduction of the sector’s CO2 emissions”, said ECSA Secretary General Patrick Verhoeven
He continued: “All mechanisms aimed at tackling CO2 emissions from shipping must remain global and apply equally to all ships.”
The 70th session of the IMO’s Marine Environment Protection Committee (MEPC) will be held next week in London during which decisions based on reducing shipping’s CO2 emissions are expected to be made. The IMO is to build on the CO2 reductions already achieved within the industry to create a global CO2 data collection system that is to become operational by 2018.
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