Greece’s shipping minister, Ioannis Plakiotakis, has written to the European Fee, demanding that charterers stump up money when shipping joins the block’s emissions buying and selling system (ETS).
Greece, dwelling to Europe’s largest shipowning neighborhood, is arguing that the polluter pays precept ought to use when shipping will get hit by the regional regulation, probably from subsequent yr. The argument, additionally promoted by the Union of Greek Shipowners, is that charterers dictate the pace of ships, and by extension their emissions.
The Greek authorities is backing the European Parliament’s proposal of building an Ocean Fund beneath the ETS to fund analysis and improvement and the deployment of inexperienced fuels.
Remaining particulars of shipping’s inclusion within the European ETS are on account of be thrashed out this July. Different nations, together with the US and China, are watching on rigorously as they mull following an identical path.
