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Navigating Carbon Waters: How the EU ETS Is Reshaping Maritime Shipping and Ferry Fares
by Sanvee Gupta
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8 minutes read
Introduction The European Union’s Emissions Trading System (EU ETS) is undergoing a significant transformation with the inclusion of maritime transport. Starting in January 2024, vessels over 5,000 gross tonnage (GT) …
The EU ETS carbon trading scheme poses serious challenges for small shipping companies. Discover how compliance costs, limited resources, and regulatory complexity may push smaller players to the margins of …