Environment

European Shipowners Demand Larger Share of EU Carbon Revenues

18 October 2026
2 sources

ECSA says shipping needs a much larger allocation of EU ETS revenues to develop sustainable fuels and alternative propulsion technologies.

European shipowners are calling for a major increase in the EU ETS allowances allocated to shipping’s energy transition. Shipping contributes nearly 20% of the revenues generated by the European emissions trading system while accounting for about 10% of the emissions covered by it, according to the reported industry analysis.

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