EU to Vote to Get Shipping into ETS

Friday / December 16, 2016

EU lawmakers’ will vote to include shipping in the Emissions Trading System (ETS) and bring the cap on aviation emissions into line with other sectors, as part of a reformed ETS, and will help ensure ships and planes will not undermine climate action in other industries, sustainable transport group Transport & Environment has said.

The European Parliament’s environment committee called for EU shipping emissions to be included in the ETS from 2023 if the International Maritime Organisation (IMO) does not deliver a global deal by 2021. MEPs also voted for the cap on aviation carbon emissions to decline in line with other sectors and for a reduction in the number of free allowances, which airlines have been using to achieve windfall profits.

MEPs agreed to align the start of shipping in the ETS with the date by which the IMO promised to deliver a global deal. The aviation cap, which is static in the current trading period, will now decline in line with other sectors. 50% of aviation allowances will be auctioned, compared to 15% at present. A recent study commissioned by T&E has found that, within Europe, a reformed EU ETS would deliver emission savings four times that of ICAO’s weak measure.

The Parliament plenary will vote on its position next year. Negotiations between Parliament and national governments will then begin, with the aim of reaching an agreement on reform of the ETS by the end of 2017.

SNM Events News Service
Contact Editor:

Get Amazing Stories

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now.
First Name
Last Name
Email address