WSC recommends alignment of EU ETS with IMO Net Zero Framework

The World Shipping Council (WSC) recommends a structured and strategic alignment of the EU Emissions Trading System (EU ETS) with the forthcoming IMO Net Zero Framework. Alignment with global GHG pricing can help achieve EU climate objectives while avoiding the double burden of two GHG pricing systems for the same emissions. Alignment with IMO can preserve competitiveness and simplify unnecessary regulatory complexity.

Read WSC’s position on revision of EU ETS here.