UK mulls adding shipping to its emissions trading system

The British government could follow the European Union in adding shipping into its own new carbon market.

Maritime minister Robert Courts said in an interview with Bloomberg that shipping could be included in a similar way to how the EU is going about adding the industry to its existing emissions trading system. The UK has made pledges to ensure the country’s entire transport sector is decarbonised by 2050.

“We want to work with international partners, and collaboration and co-operation is key to progress in this sphere, across EU partners and the wider world,” Courts said.

Other nations, including China and the US, are also looking at how Europe goes about regulating shipping emissions before embarking on their own potential maritime emissions schemes.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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