Saturday, September 26, 2020

#EU: Parliament Votes To Include Shipping Industry in Greenhouse Gas Emissions Trading System In 2022

[world politics news] 


The European Parliament has voted to include greenhouse gas (GHG) emissions generated by the shipping sector into the EU’s Emissions Trading System.

GHG emissions from ships over 5,000 gigatons will now be included in the Trading System by 1 January 2022. In addition, parliament wants firms to cut ships’ annual average CO2 emissions by more than 40% by 2030.

The vote also confirms the position held by the EU parliament’s environment committee in July when adopting a draft legal report for a regulation on monitoring, reporting and verification of CO2 emissions from shipping.

[FULL STORY HERE]

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