Delays expected to EU’s 2023 emissions trading deadline for shipping
Views from inside EU council indicate that the timeline set under Europe’s Fit for 55 package to combat climate change is too short. Meanwhile, maritime lawyers argue that owners need to start revising contracts now to reflect liability under the polluter pays principle
Shipping should be included in the EU ETS by January 1, 2023, but that start date is now seen as unlikely given that draft legislation faces amendments. This leaves owners in limbo
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