European shipowners support commercial operators.

Byline: S. Kamal Hayder Kazmi

ECSA published its policy paper on the EU ETS proposal. European shipowners welcome the increased climate ambition of the 'Fit for 55' package, recognising that the climate crisis is one of the greatest economic and environmental challenges our societies have faced. European shipowners firmly support a dedicated fund to be set up under the EU ETS to stabilise the carbon price. In addition, any revenues generated under the EU ETS should be used to financially support RandD projects and should contribute to lowering the price...

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