Shipping Left Out Of EU Trading System Review

Whilst addressing a symposium on decarbonisation of shipping which was held in Antwerp on June 21, 2016, ECSA President Niels Smedegaard confirmed the fact that the European Commission has not included shipping in its current review of the European Emissions Trading System.

He stated: “We believe this correctly reflects the reality that shipping is a global business and regional measures would have a directly distorting impact on European operators. A regional scheme would lead to carbon leakage as ships would start to avoid calling at EU ports. It would also gravely hurt the European short sea shipping sector, which would again be faced with an ‘EU only’ system”.

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