To achieve the necessary emission reductions, the scope of the EU Emissions Trading System (ETS) has been expanded to include maritime transport emissions, effective January 1, 2024, with a two ...

The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. The EU ETS launched in 2005 and on ...

Not long ago, the idea of buying and selling permission to pollute the earth might have sounded absurd. But today, carbon ...

On Jan. 1, 2024, a large segment of commercial merchant vessels will be subject to an emissions-cap-and-trade system. November 27, 2023 at 01:29 PM 5 minute read Cargo and Shipping By Keith Letourneau ...

• A 19.38% increase in total GHG emissions compared to Q1 2024, with emissions in Q1 2025 just below 60 million tons, while average emissions intensity improved to 206.93 g CO₂e/TEU km from ...

The ADB paper finds that while the EU’s CBAM and expanded carbon pricing can significantly reduce global emissions, they are insufficient alone to meet climate targets. Broader international ...

The Union of Greek Shipowners (UGS) sees no reason for the European Union to keep regulating ships’ carbon emissions after ...

The European Union now has the most developed emissions trading system (ETS) of any market globally, analysts at BMI, A Fitch Solutions company, said in a report sent to Rigzone recently.

The country launched its emission trading system in 2008, now being strengthened with a reduction of carbon units auctioned and a higher price floor. The review is aimed at accelerating emissions ...

Many climate campaigners have said oil and gas emissions should be capped at 110 megatonnes by the end of the decade, from 189 megatonnes in 2021, to meet that goal. Under the cap-and-trade system ...