Shipping faces mandatory 40% emissions cut from the EU
Regulatory changes planned by the European Union would force almost 12,000 ships to improve carbon intensity by at least 40% by 2030 compared with the 2018 level.
ONE of the European Union's most important environmental lawmakers has unveiled regulation that would force ships to operate under an emissions cap and trade system, increase their carbon intensity performance and contribute to a European maritime decarbonisation fund.
A draft regulatory proposal by the European Parliament's maritime emissions rapporteur, Greens MEP Jutta Paulus, calls on the EU to make January 2021 the date from which it will put into effect rules relating to the issue and allocation of carbon emissions allowances to ships using EU ports .
The proposed rules would mark the first major legally binding greenhouse gas emissions restrictions on international shipping. This would affect almost 12,000 ships and could force owners from various jurisdictions to change their business operations to comply.
This proposal is part of the early stages of what could be a long process to amend the EU Monitoring, Reporting and Verification regime. The MRV requires vessels of 5,000 gt and above that use EU ports to provide the EU with annual data on their carbon emissions, fuel consumption and energy efficiency.
Ms Paulus' amendments to a suggested text prepared by the European Commission calls on those vessels under the MRV to cut their carbon emissions per work of transport by 40% by 2030 compared with 2018. This point echoes the language used by the IMO in its initial greenhouse gas strategy, but the base year there is 2008, widely considered as a year with one of the highest level of shipping emissions on record.
The EU's 40% cut would be based on the average performance per category of ships of the same size and type included in the 2018 report of the EU MRV, the first of its kind.[...]
Anastassios Adamopoulos, Lloyd's List
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