Brussels proposes extending ETS to smaller ships, reserves billions for green shipping
- Ships 400 gt and above would be subject to revised ETS
- 110m ETS allowances reserved for green shipping, MRV reporting simplified
- Avoidance of double-taxation if a global IMO measure is adopted, but no outright promise to remove the ETS
The European Commission’s plan to overhaul the Emissions Trading System from 2030 would earmark billions for shipping decarbonisation and include more neighbouring ports to stop evasive calls
