The extension of the EU ETS 1 to maritime transport: market and policy mix analysis

Summary

This report from the German Environment Agency analyzes the integration of maritime transport into the EU Emissions Trading System (EU ETS 1). The challenge is to effectively reduce greenhouse gas emissions from the sector while managing market dynamics and carbon leakage risks. The approach involves extending the EU ETS 1 to maritime transport and examining its interaction with other policies like FuelEU Maritime to accelerate decarbonization. The policy is in progress, with expected positive environmental impacts and no significant reduction in traded goods due to the assumed ETS price levels.

Key Facts

Source Document

https://example-government.gov/policy-document-link