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China sees shipping as a potential target for national carbon market

Talks about shipping being part of a country-wide carbon market are at an early stage, according to an official from the China Maritime Safety Administration. Studies are being conducted by the regulator on how to apply greenhouse gas emission cutting tools, including carbon trading and a differentiated carbon taxation scheme, to the maritime sector

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The move comes against the backdrop of China’s pledge to decarbonise its economy and the pressing need at the international level for slashing vessel emissions

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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