Threat of shipping’s inclusion in EU Emissions Trading Scheme recedes

© Paul Vinten

Europe’s politicians have eased their stance on shipping’s environmental efforts, deferring any decision to include the sector in the EU’s Emissions Trading Scheme until 2023. Seatrade Maritime Review reports the postponement gives the International Maritime Organisation (IMO) a further two years to improve its work towards reducing CO2 emissions. The move will likely come as good news for the shipping sector, which seems keen to delay efforts towards carbon neutrality for the sake of the industry. Sadly, it isn’t alone in thinking this way.