ECSA welcomes European Parliament’s decisive vote on commercial operators and Ocean Fund

2022-05-18 13:06:23 Trade Body / Associations News

ECSA welcomes the Parliament’s commitment to enforce the ‘polluter-pays’ principle

European shipowners welcome the strong cross-party support by the European Parliament for key provisions under the revised Emission Trading System for shipping. ECSA welcomes the Parliament’s commitment to enforce the ‘polluter-pays’ principle, by ensuring the mandatory pass-through of the ETS costs to the commercial operators of the vessels through contractual clauses. ECSA also supports the proposal of the Parliament to create a sector-dedicated fund and to earmark 75% of the revenues generated by the shipping allowances to the energy transition of the sector.

 ECSA has called on the Parliament and the Council to include these provisions in the EU ETS. The outcome of the vote in the Environment committee (ENVI) is a good starting point for the future negotiations between the European Parliament and the Council.

The mandatory pass-through of the ETS costs will ensure the proper implementation of the ‘polluter pays’ principle

“Although our first preference has always been an international regulation for shipping at the IMO level, European shipowners recognise that the sector should contribute its fair share to address the climate crisis at the EU level as well. The mandatory pass-through of the ETS costs to the entities responsible for operational decisions will ensure the proper implementation of the ‘polluter pays’ principle.

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