Parliament says shipping industry must contribute to climate neutrality
To decarbonise maritime transport, Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System.
- Parliament in favour of 40% reduction in CO2 by 2030
- Maritime transport to be included in EU Emissions Trading System (ETS)
- An “Ocean Fund” to contribute to protecting marine ecosystems
Parliament wants a 40% reduction in CO2 emissions from the shipping industry by 2030© Kara/Adobe Stock
On Wednesday, Parliament adopted its position on the Commission’s proposal to revise the EU system for monitoring, reporting and verifying CO2 emissions from maritime transport (the “EU MRV Regulation”) with 520 votes to 94 and 77 abstentions.
MEPs largely agree that reporting obligations by the EU and the International Maritime Organisation (IMO) should be aligned, as proposed by the Commission. They note, however, that the IMO has made insufficient progress in reaching an ambitious global agreement on greenhouse gas (GHG) emissions. They ask the Commission to examine the overall environmental integrity of the measures decided by the IMO, including the targets under the Paris Agreement. A global ambitious agreement on GHG emissions from shipping is urgently needed, they add.
Maritime transport must be included in the EU Emissions Trading System
Parliament wants maritime transport to be more ambitious and believes ships of 5000 gross tonnage and above should be included in the EU Emissions Trading System (ETS).
However, MEPs say that market-based emissions reduction policies are not enough and request that shipping companies reduce their annual average CO2 emissions per transport unit for all their ships by at least 40% by 2030.
Establish an Ocean Fund
MEPs call for an “Ocean Fund” for the period from 2022 to 2030, financed by revenues from auctioning allowances under the ETS, to make ships more energy-efficient and to support investment in innovative technologies and infrastructure, such as alternative fuel and green ports. 20 % of the revenues under the Fund should be used to contribute to protecting, restoring and efficiently managing marine ecosystems impacted by global warming.
Latest News from
NextGenerationEU: European Commission disburses €271 million in pre-financing to Finland21/01/2022 15:25:00
The European Commission has today disbursed €271 million to Finland in pre-financing, equivalent to 13% of the country's financial allocation under the Recovery and Resilience Facility (RRF).
EU challenges Russian export restrictions on wood at WTO21/01/2022 13:25:00
Today, the EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia on wood products.
‘State of the World' Special Address by President von der Leyen at the World Economic Forum, via videoconference21/01/2022 11:33:00
‘State of the World' Special Address given yesterday by President von der Leyen at the World Economic Forum, via videoconference.
Protecting consumers from misleading reviews: 55% of screened websites violate EU law21/01/2022 10:38:00
The European Commission and national consumer protection authorities yesterday released the results of an EU-wide website screening (“sweep”) on online consumer reviews.
Speech by President von der Leyen at the European Women on Boards' Gender Diversity Award21/01/2022 09:25:00
Speech given yesterday by President von der Leyen at the European Women on Boards' Gender Diversity Award.
Speech by Executive Vice-President Vestager on the Digital Services Act20/01/2022 16:33:00
Speech given yesterday by Executive Vice-President Vestager on the Digital Services Act.
European Globalisation Adjustment Fund: €2.8 million to support dismissed workers in the Spanish car industry20/01/2022 15:25:00
Today, the European Commission proposes to support 450 workers who lost their jobs in the car industry in the Spanish region of Catalonia with €2.8 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF).
Intellectual property: Statement by EU Internal Market Commissioner Thierry Breton welcoming the provisional application of the Unitary Patent20/01/2022 14:33:00
Intellectual property: Statement given yesterday by EU Internal Market Commissioner Thierry Breton welcoming the provisional application of the Unitary Patent.
Speech by Commissioner Breton on the Digital Services Act20/01/2022 13:25:00
Speech given yesterday by Commissioner Breton on the Digital Services Act.
EU Cohesion policy: Almost €385.5 million from the EU Solidarity Fund to 19 countries to tackle the coronavirus health emergency20/01/2022 12:38:00
The Commission completed the payments of the EU Solidarity Fund (EUSF) assistance to tackle the coronavirus health emergency to 19 countries for a total amount of almost €385.5 million.