Fri, 29 Dec 2023 22:00:58 +0000
An emissions trading system (ETS) is a market-based measure that sets a limit (cap) on allowed emissions (allowances) and creates financial incentives to reduce a sector’s emissions. Each allowance equals 1 tonne of carbon dioxide (CO2) or carbon dioxide equivalent (CO2e) emissions, and these can be allocated directly by the government or purchased by companies …
Full article: https://www.hellenicshippingnews.com/the-maritime-sector-in-the-european-union-emissions-trading-system/