News / Turkey moves to close EU loophole with its own emissions trading scheme

Asyaport

The government of Turkey is moving forward with its own carbon pricing scheme, comparable with the EU Emissions Trading System (ETS), denying shipowners the opportunity to use its ports to avoid tariffs.

The ETS levies a 50% tax on emissions from vessels from outside Europe calling at EU ports – a vessel travelling from a port in Asia might have been able to make a tactical transhipment call in Turkey to dodge an ETS fee.

Ports ...