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15 August 2020 The on-line newspaper devoted to the world of transports 18:31 GMT+2

July 14, 2020

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Study of the shipping impact of its inclusion in the EU greenhouse gas emissions trading system

Significant variations depending on the type of fleet

In recent days, the Environment, Health and Parliament's public safety and food security resolution in favour of the inclusion of carbon dioxide emissions produced by the shipping industry in the EU system European Greenhouse Gas Emissions Trading (ETS) ( 7 July 2020). Pending the ruling on the matter Parliament in Strasbourg, expected in the middle of the September, followed by negotiations with Member States to finland, the country trade with foreign countries depends substantially on maritime transport, has begun to assess which the effects of emissions trading in the sector shipping.

A first specific study, which was carried out University of Turku and the Meteorological Institute Finnish, points out that the impact of the introduction of the exchange emissions allowances on maritime transport emissions will depend significantly on how it will be and the level of emission prices, the price of shares (equivalent to one tonne of CO2) in recent years has greatly decreased to return to get up in the last two years. Between mid-2008 and mid-2008 this year the highest price was reached July 22, 2019 with 29.03 euros and the lowest on April 22 2013 with 2.97 euros.

The study points out, in particular, that greenhouse gas emissions shipping depends on the type of ship that produces them, and what it does means a significant change in emissions and, as a result, a significant difference in the cost effects shipping companies and ship renters. The report it also highlights the risk associated with the exchange of regionally, emissions are kept above outside the ETS system.

The study also finds that, if implemented correctly, the emissions trading system can create a market significant for emission-reduction technologies ships.

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