Groups urge UK govt to ensure strong shipping emissions coverage in ETS
A cohort of economists, think tanks, and non-profits have called for all domestic emissions and half of international emissions to be included in the UK ETS as the government continues to mull reforms to the country’s compliance carbon market.
Read MoreEU clarifies next emissions monitoring regulation for offshore ships
The European Commission has clarified its rules for extending its monitoring, reporting, and verification system to greenhouse gas emissions from offshore vessels, slightly broadening the list of ships considered to be offshore.
Read MoreUnder-prepared shipping companies may face hefty fines under FuelEU -consultancy
European shipping companies are not ready for the upcoming FuelEU Maritime regulation and could face significant fines, according to an independent shipping emissions analytics company.
Read MoreLNG ship building outpaces gas demand, not compliant even with most conservative climate scenario, report says
The ‘golden age’ of gas and the expanding trade in LNG has led to a glut of carriers being built that is incompatible with even the most conservative climate outlook from the International Energy Agency, a think tank said Monday.
Read MoreShipping carbon tax could broadside African economies, report warns
A shipping carbon tax being floated by the International Maritime Organization (IMO) could have disproportionate economic impacts on African countries, a new report warns.
Read MoreGlobal tax on aviation, shipping could raise $200 bln annually by 2035 -IMF
International transportation, especially aviation and shipping, must be “urgently taxed” as that would raise up to $200 billion a year in revenues by 2035, potentially tripling current global climate finance, a paper released by the International Monetary Fund (IMF) has found.
Read MoreUK shipping industry lays out £700 mln investment plan to reach net zero by 2050
A UK shipping trade association is calling for a £700 million government investment in the country’s upcoming budget, as part of a roadmap to carry the sector to net zero emissions by 2050.
Read MoreIMO talks to cut shipping emissions end with little progress
Talks at the International Maritime Organisation (IMO) this week concluded with some promising signs for the introduction of a carbon levy but still no significant advances.
Read MoreAustralian shipping tech developer to design CO2 tanks for bulk marine transport
Two shipping companies from Asia Pacific announced on Tuesday a collaboration to further marine transport of CO2 for long distances and large cargo volumes.
Read MoreINTERVIEW: Cement giant says EU regulation too stringent to scale up e-fuel for maritime, aviation
A global maker of construction materials would like the EU to scrap a regulation that will only allow sustainably sourced CO2 in the production of e-fuels after 2041, saying it will constrain the ability to decarbonise maritime and aviation.
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