Who should pay for the EU ETS?
Owners are happy to bear the compliance burden as long as they can pass on the costs. Shipping groups say the parties should be able to work out how to do this between themselves — and with the rules due to kick in by 2023, the sooner the better
The European Union is grappling with how to assign responsibility for buying carbon credits under the emissions trading system. Getting it wrong risks creating compliance headaches for operators and undermining the scheme’s ability to cut emissions