Shipping trade body floats global emissions reduction plan

Will Nichols
clock

UK Chamber of Shipping proposes worldwide carbon trading or fuel levy as preferable to inclusion in EU's cap-and-trade scheme

A global carbon trading mechanism or a system of additional fuel levies would provide a more effective means of curbing greenhouse gas emissions from shipping than incorporating the industry into the EU...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Shipping

DP World extends 'world first' container port carbon inset scheme

DP World extends 'world first' container port carbon inset scheme

Incentive scheme extended through to the end of the year, after more than 150,000 containers registered to take part

Stuart Stone
clock 20 May 2025 • 3 min read
IMO agrees 'landmark' binding targets for global shipping emissions

IMO agrees 'landmark' binding targets for global shipping emissions

However, the agreed policy package has been widely criticised by nations and environmental groups as deeply underpowered in the face of shipping’s sizeable climate impacts

Michael Holder
clock 11 April 2025 • 6 min read
Viking to launch 'world's first' hydrogen-powered, zero emission cruise ship

Viking to launch 'world's first' hydrogen-powered, zero emission cruise ship

Cruise line Viking and Italian shipbuilder Fincantieri reveal plans for new zero emission ship, with agreements in place for two more to be delivered by 2031

clock 10 April 2025 • 2 min read