Emissions Trading System (ETS)

15 Dec ETS Surcharge Commences 1st January 2024

Posted at 01:02h in Emissions Trading System (ETS), European Union by susan pop 0 Comments

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As per the notification in our September newsletter, Europe has officially sanctioned the ETS system and surcharges will commence as of 1st January 2024. The EU Emissions Trading System (EU ETS) is the European Union's strategy to tackle climate change by limiting and charging for greenhouse...

07 Dec Europe Approved Emissions Trading System (ETS)

Posted at 00:12h in Emissions Trading System (ETS) by susan pop 0 Comments

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Europe has officially sanctioned the ETS system, which will require shipping organisations to pay a surcharge on greenhouse gas (GGH) emissions. These funds will be directed into the maritime sector in order to fund its transition to alternative energy sources via the EU Innovation Fund. The...