Maritime transport has come under increased pressure to lower, and ultimately eliminate, its contributions to climate change. C-Zero is working with clients and partners as ship owners navigate energy transition and support the sector’s climate action.
Transportation And Shipping
C-Zero helps clients understand the range of solutions and options. We then work with the client to best leverage them to meet their unique business needs and sustainability goals.
“Decarbonisation has become an imperative for so many companies that we work with who are making commitments and increasing efforts to close the gap to net-zero emissions. Progress needs to be made, particularly in the harder-to-abate industries, if Net Zero ambition is a reality. Characterising these sectors are long asset lifespans and high energy dependency. Shipping falls into this category, and we are working on a range of offsetting options and compliance.”
Mike Ridler, C-Zero
EU Carbon ETS & Shipping
Emissions from maritime voyages to and between EU ports, including those whilst alongside, would fall under the EU ETS.
No free allocations will be given, although there will be a gradual phasing in of the compliance obligation.
Starting from 2023, shipowners would need to surrender allowances worth 20% of their yearly emissions, rising to 100% by 2026.
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