Reducing CO2 Emissions in Maritime Traffic (cepInput)
For the first time, the EU wants to take measures to reduce CO2 emissions from maritime transport. The first part of a two-part cepInput takes stock of the current climate policy situation at global and EU level and assesses the impact of possible measures.
Given the global nature of both the climate and maritime transport, CO2reduction measures should be taken worldwide where possible. However, due to the relatively slow progress within the International Maritime Organisation (IMO), the EU Commission sees the need for action at European level. The means of choice should be the inclusion of maritime transport in an EU-wide emissions trading system. In contrast to regulatory requirements, subsidies and CO2 levies, emissions trading would certainly achieve the politically set reduction volume. Moreover, emissions trading is cost-effective. A reduction can be achieved at the lowest possible cost.