Amendments to strengthen EU ETS Maritime Measures - Support for Sustainable Maritime Fuels, Administrative Simplicity, and International Coordination

EU

This document includes the World Shipping Council’s suggested amendments for the upcoming revision of the EU Emissions Trading System (ETS). WSC proposes three targeted amendments to the EU ETS maritime provisions:

Pillar 1 establishes a support mechanism [100 million allowances, over 10 years] to bridge the price differential between fossil and sustainable maritime fuels mirroring the SAF allowance mechanism that aviation benefits from.

Pillar 2 implements harmonised responsible entity designation across EU ETS, FuelEU Maritime, and MRV Regulation to eliminate current inconsistencies and reduce administrative complexity whilst maintaining commercial and contractual flexibility.

Pillar 3 broadens the IMO review trigger beyond market-based measures to encompass all GHG reduction obligations on a Well-to-Wake basis, with enhanced assessment of duplicative burdens and extra-EU scope implications.

Read the full publication here.

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WSC Comments to U.S. CBP Electronic Export Manifest Notice of Proposed Rule Making