Executive Briefings

E.U. Shipping Emissions Vote Met With Industry Disapproval

By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the IMO by the end of 2021.

E.U. Shipping Emissions Vote Met With Industry Disapproval

This is not the final text of the revised ETS Directive, which, originally, did not include shipping; it represents the European Parliament’s position for negotiations with the E.U. Council (Member States). These negotiations will start as soon as the Council/Member States have agreed on their own position, which is expected in the next few weeks.

However, the news has still been met with wide disapproval.

“INTERTANKO and its members consider the E.U. Parliament’s ambition as totally counter-productive,” said INTERTANKO technical director Dragos Rauta. “This undermines the work undertaken by IMO and may upset the spirit of cooperation under which IMO develops global rules for a global industry.”

The E.U. Parliament’s move could be perceived as “urging” IMO to accelerate its rule development. However, the IMO Roadmap, adopted in October 2016, already clearly defines tasks and timelines for the development of regulations aimed at reducing greenhouse gas (GHG) emissions from ships.

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This is not the final text of the revised ETS Directive, which, originally, did not include shipping; it represents the European Parliament’s position for negotiations with the E.U. Council (Member States). These negotiations will start as soon as the Council/Member States have agreed on their own position, which is expected in the next few weeks.

However, the news has still been met with wide disapproval.

“INTERTANKO and its members consider the E.U. Parliament’s ambition as totally counter-productive,” said INTERTANKO technical director Dragos Rauta. “This undermines the work undertaken by IMO and may upset the spirit of cooperation under which IMO develops global rules for a global industry.”

The E.U. Parliament’s move could be perceived as “urging” IMO to accelerate its rule development. However, the IMO Roadmap, adopted in October 2016, already clearly defines tasks and timelines for the development of regulations aimed at reducing greenhouse gas (GHG) emissions from ships.

Read Full Article

E.U. Shipping Emissions Vote Met With Industry Disapproval