Greece wants a “realistic” green EU policy for shipping

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A cargo ship is docked at the trading terminal of the port of the northern city of Thessaloniki, Greece, 4 August 2016. REUTERS / Alexandros Avramidis

ATHENS, October 20 (Reuters) – EU shipping power Greece has informed the European Commission that the industry’s inclusion in the bloc’s emissions trading scheme should be proportionately and strictly enforced in order to ensure a level playing field for the European fleet in global markets .

In a letter to Commissioner Ursula von der Leyen, Greek Prime Minister Kyriakos Mitsotakis said that countries should also get the revenue back from the cost of their ships and spend money on decarbonising maritime transport.

According to the Greek Shipping Union, Greek-owned ships make up 58% of the EU fleet.

Mitsotakis appealed to Brussels “to work with the Greek authorities and the shipping company at the earliest in order to find realistic and constructive solutions,” the letter said.

The European Commission proposed this summer to include shipping in the EU carbon market for the first time. Continue reading

According to the EU plan, shipping is to be gradually included in the European Union’s emissions trading system (ETS) from 2023 and gradually introduced over a period of three years.

Shipowners have to buy permits under the ETS if their ships pollute the environment or are exposed to other possible bans from EU ports.

The commission said the carbon market would apply to ships sailing within the European Union and 50% of emissions from international voyages that start and end in the block.

EU countries are preparing to negotiate the package of new EU green policies that both they and the European Parliament will have to adopt, with member states divided over what measures to take to meet the bloc’s climate goals .

Reporting by Angeliki Koutantou; Arrangement by Alison Williams

Our Standards: The Thomson Reuters Trust Principles.


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