Shipping to be added to EU carbon trading scheme from 2024

Cecilia Keating
clock • 2 min read
A moored cargo ship at the Port of Rotterdam, one of Europe's busiest ports | Credit: iStock
Image:

A moored cargo ship at the Port of Rotterdam, one of Europe's busiest ports | Credit: iStock

Plans designed to galvanise maritime sector's currently underpowered decarbonisation efforts

Shipping companies will have to purchase carbon allowances to cover emissions from voyages within the EU from 2024, under proposals agreed by the European Union this week. On Tuesday evening, EU legislators...

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

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Shipping

Could offshore wind power 'electric shipping highways'?
Shipping

Could offshore wind power 'electric shipping highways'?

New study explores how offshore wind farms could directly power ports and ships across Northern Europe, enabling the decarbonisation of shipping routes from the English Channel to the Baltic Sea

Amber Rolt
clock 17 June 2026 • 2 min read
New wind-assisted ship delivered to Union Maritime
Shipping

New wind-assisted ship delivered to Union Maritime

LR2 tanker Monza has been fitted with WindWings designed by Bar Technologies, which promise to slash fuel use and emissions

Amber Rolt
clock 11 May 2026 • 2 min read
'Constructive and pragmatic': IMO urges nations to revive stalled net zero plans
Shipping

'Constructive and pragmatic': IMO urges nations to revive stalled net zero plans

Head of International Maritime Organisation calls on diplomats to reach a compromise on proposals for tackling shipping emissions and avoid a repeat of the row that marred previous talks

James Murray
James Murray
clock 28 April 2026 • 4 min read