WSC position paper on EU ETS
Executive Summary - read the full position paper here
Together for the Decarbonisation of Shipping
The World Shipping Council is committed to working with the EU Institutions to achieve the Green Deal’s goals through good policy that will support industry greenhouse gas (GHG) reduction targets and move as fast as possible to zero GHG emissions. EU Policy, including the revision to the EU ETS Directive has a unique opportunity to strengthen, motivate and complement global policy for reducing GHGs in international shipping.
WSC supports inclusion of maritime sector in the EU ETS, and targeted amendments to the EC proposal can optimize its impact both within the EU and on the global stage.
Including shipping in an open, multi-sectoral EU ETS can reduce regional shipping GHGs by about 42% and accelerate GHG reductions among non-maritime sectors.
The EC’s proposed definition of “company” supports implementation and stability for compliance reporting, by recognising that both shipowners and ship operators have shared agency in eliminating harmful emissions, through ship design and operations.
An intra-EU geographic scope of application to shipping would better serve the success of the Fit-for-55 Package by reducing carbon leakage and market distortions, providing a better fit with the regional reach of RED and AFIR, being more compatible with Member State reporting to UNFCC and providing a stronger basis for the EU to lead on adoption of global MBMs for shipping.