• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
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HOME > Archive > 2024 > Volume 12 Number 3 (2024) >
JOEBM 2024 Vol.12(3): 262-266
DOI: 10.18178/joebm.2024.12.3.807

Inclusion of Maritime into the EU ETS: Implications from the Aviation EU ETS and Aviation Sector

Zhiqiang Lu1 and Shuyue Lu2
1. COSCO SHIPPING Bulk, Guangzhou, China
2. China Emissions Exchange, Shenzhen, China
Email: lu.zhiqiang@coscoshipping.com (Z.Q.L.); lsy@cerx.com (S.Y.L.)
*Corresponding author

Manuscript received April 11, 2024; revised May 9, 2024; accepted May 21, 2024; published August 8, 2024.

Abstract—The EU Emissions Trading System (EU ETS) has proven to be an effective tool in helping drive down emissions
within the EU. To regulate the rising environmental impact of shipping, the EU proposed to further include maritime into the EU ETS starting from 2024. Despite the efforts of industry stakeholders, the most effective pathway to maritime EU ETS compliance remains unclear. Both belong to the transportation industry, the aviation sector has been included into the EU ETS for over a decade, the high correlation between aviation and maritime sectors enables the aviation sector capable to provided knowledge to the maritime sector in terms of policy developments and compliance. This study aims to predict potential policy iterations to the maritime EU ETS and provide shipping companies with methodologies to alleviate economic pressure resulting from EU ETS compliance by reviewing the policy development of the aviation EU ETS and resulting responses at governmental, organizational and industry levels.
 
Keywords—EU Emissions Trading System (EU ETS), EU ETS aviation, EU ETS maritime, policy development, maritime sustainability

Cite: Zhiqiang Lu and Shuyue Lu, "Inclusion of Maritime into the EU ETS: Implications from the Aviation EU ETS and Aviation Sector," Journal of Economics, Business and Management, vol. 12, no. 3, pp. 262-266, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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