EU ETS billions should not fund fuels alone, says PortXchange

🇬🇷 Hellenic Shipping News (GR) —

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The European Commission proposed revisions to the EU Emissions Trading System aimed at boosting industrial competitiveness and the EU's 2040 climate ambitions. European Shipowners support earmarking EU ETS revenues for shipping decarbonization and sustainable fuels.

On 17 July 2026, the European Commission proposed a targeted revision of the EU Emissions Trading System to strengthen European industrial competitiveness and support delivery of the EU’s 2040 climate target. European Shipowners (ECSA) welcomed the proposal to earmark EU ETS revenues for shipping decarbonisation, alongside support for sustainable fuels and simplified reporting. However, it ...

Politics Markets Energy Shipping EU Emissions Trading System shipping decarbonization European Commission climate target sustainable fuels state aid industry competitiveness

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