Show us the money: DFDS chief calls for fair share of ETS funds
• Bureaucracy and slow access to funds have hindered shipowners from benefiting from ETS revenues, claims DFDS’s Carlsen
• CMA CGM CFO Ramon Fernandez reveals French line’s failed attempts to gain Innovation Fund support despite backing from industrial partners
• EU Commission’s climate chief encourages member states to allocate ETS revenues to maritime-focused initiatives
DFDS’s Torben Carlsen lambasts current failings of the ETS process, which he says has become merely a revenue generator for the EU. Without effective reinvestment, the shipping sector risks being disadvantaged in its decarbonisation efforts, he told the European Shipping Summit