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All options still on table for cutting shipping CO2 emissions: EC official
All options remain on the table for reducing CO2 emissions from the maritime sector, a European Commission official said April 29.
The comments come ahead of an expected legislative proposal by the EC in June to address shipping emissions using carbon pricing policy, which could include expanding the EU Emissions Trading System to include the sector.
“Our plan is to propose a basket of seven measures. This is because there is no silver bullet to deal with maritime emissions. The EU ETS is only one of those,” said Maja-Alexandra Dittel, deputy head of unit, international carbon markets, aviation and maritime at the EC’s DG Climate Action.
EU carbon price breaches record €50 per tonne mark
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EU CO2 prices have surged to record highs in recent years
Cost of pollution on Europe s emissions trading scheme continues to surge with analysts bullish of further rapid rise this year
Carbon prices on the European Union s emissions trading scheme (ETS) have topped €50 per tonne for the first time, according to reports, as tightening climate policies and growing demand from investors.
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