New Danish carbon tax legislation to enter into force from 2025
Denmark is introducing a new tax on CO2 emitted by enterprises already covered in the EU Emissions Trading System (ETS), with an Emission Tax Act set to enter into force on Jan. 1, 2025.
Read MoreUS maritime emissions roadmap plans for sustainable fuel buildout
The US proposed a Sustainable Maritime Fuel (SMF) Grand Challenge to stimulate a faster decarbonisation transition for the US maritime sector, according to an action plan published jointly by four federal agencies.
Read MoreEU ETS revenues can help to scale up clean shipping and aviation fuels -analysis
Using just some of the revenues from taxing pollution from airplanes and ships could be used to cover the higher cost of lower-carbon fuels, according to analysis published on Monday.
Read MoreAsia Pacific shipping sector faces 100 Mt/year CCS challenge, report finds
Ships may have to transport some 100 million tonnes of CO2 annually between jurisdictions by mid-century, which will require huge advance efforts in terms of funding and other preparations, according to a report released Wednesday.
Read MoreWind-assisted vessels, LNG can lower green fuel costs for shipowners, insurer says
Shipowners can cut compliance costs under the EU’s new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.
Read MoreShipping sees data, contracting, admin challenges in first year under EU ETS
One year into the inclusion of shipping in the EU ETS, the system is now “well understood” by the maritime sector – but issues persist regarding data transparency, division of contractual responsibilities, and access to EU accounts, according to a maritime data analytics firm in its 2024 review.
Read MoreUK consults on including maritime emissions, non-pipeline CCS in ETS
The UK government on Thursday launched a consultation on further changes to the UK ETS, including the expansion of the market to cover maritime shipping emissions, and on proposals for regulations that would allow permanent storage CO2 via non-pipeline methods to be subtracted from reportable emissions.
Read MoreContainer ships have not become more energy efficient in years, NGO data reveals
Europe’s container ships have not improved their energy efficiency in six years, despite it being one of the easier options to reduce emissions in the sector, according to NGO analysis published on Thursday.
Read MoreEurope’s LNG imports 30% more polluting than EU estimates -report
Europe’s LNG imports generate a third more emissions than accounted for in the EU’s green shipping law, according to a new report released on Monday.
Read MoreCOP29: “Dark vessels”, oil and gas under-reporting fuelling unrelenting rise in global GHG emissions -data
“Dark vessels”, or ships that disable their tracking systems, are responsible for at least 7% of global maritime emissions, secretly releasing more than 80 million tonnes of CO2 annually, while unfettered methane output from the oil and gas sector is contributing to the unrelenting rise in global greenhouse gas emissions.
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