WSC has submitted comments to the EC regarding the EU ETS

The World Shipping Council has submitted comments to the European Commission regarding the EU ETS shipping emissions - rules on monitoring and reporting.

WSC supports the development of appropriate GHG pricing mechanisms that effectively narrows the price differential between conventional fossil fuels and renewable marine fuels.

We recognize that including the maritime sector in the regional EU Emissions Trading System has potential to help in this regard.

Our main requirement is that tank-to-wake pricing of GHGs for maritime inclusion in the EU ETS produce economic signals that promote the uptake of the best performing candidate fuels for reducing GHGs in shipping.

Read the full WSC comments HERE

LINK TO THE ORIGINAL ARTICLE