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The EU Emissions Trading System is a cornerstone of the European Union’s climate policies, yet it is poorly understood. But CMW's Eleanor Scott and Lidia Tamellini have got you covered. Read our FAQ on the EU ETS https://lnkd.in/e_-N2mNr

Please read and share my article. 😊 #MTS #logistics #shipping

The European Union Emissions Trading System (EU ETS) aims to reduce greenhouse gas emissions in the most economical/efficient manner for various industries. Starting in 2024, #shipping will join the EU ETS and #carbon pricing will be implemented for shipments within the European Union region. Read Berna Ozturkoglu's latest on this new #emissions reduction effort: #mtslogistics #environment #reducedemissions #supplychain #green

In 2005, the EU set up the EU ETS, the world’s first and largest international emissions trading system designed to combat climate change through the reduction of greenhouse gas emissions. The EU ETS was extended to maritime transport in 2022, and, following the approval of the amending legislation earlier this year, the measures will begin applying to this sector from 1 January 2024. In order to gain some insight on the operation of the EU ETS, we invite you to read our comprehensive six-part series. Should you wish to discuss any issue of specific concern to yourself or obtain further information, you are welcome to contact our authors who will be happy to answer your queries. Read Part 1 here: https://bit.ly/48SxdVP #EUETS #Maritimelaw #Climatechange

The European Union Emissions Trading System (EU ETS) aims to reduce greenhouse gas emissions in the most economical/efficient manner for various industries. Starting in 2024, #shipping will join the EU ETS and #carbon pricing will be implemented for shipments within the European Union region. Read Berna Ozturkoglu's latest on this new #emissions reduction effort:

The #ukgovernment 's climate change regulations are particularity stringent for "high emission" industries, directly limiting emissions from these and many of the small supply-chain businesses for these sectors. The Emissions Trading System (ETS) is system that limits how much emissions a company can produce and fines them for any breech. The industries covered include energy intensive industries, the power generation sector and aviation. The ETS is being extended to include Marine and waste industries in 2024. This expansion to cover more and more industries is expected to continue. If your business supplies or relies on one of these industries and you would like to chat about how it will affect your future please do reach out to me at https://lnkd.in/erNqSBcM. I'd love to help! #climatechange #smallbusinesssupport #supplychain https://lnkd.in/eFUTU32Q

EU Emissions Trading System (EU ETS), a Climate Change Game Changer? The European Union Emissions Trading System (EU ETS) established in 2005, is the world's largest carbon market, effectively reducing carbon emissions across Europe through a cap-and-trade mechanism. The EU ETS caps total carbon emissions, with each allowance representing one tonne of CO2e. Companies can trade these allowances, incentivising emission reductions. Those exceeding their limits must buy more, while those below can sell their excess allowances. EU ETS has led to significant emission reductions, a market-based approach to cost-effective emissions cuts, revenue generation for green initiatives, and has inspired other regions to adopt similar systems. Since 2005, the EU ETS has helped bring down emissions from power and industry plants by 37%. Challenges, like an initial surplus of allowances, prompted reforms. Initiatives like the Market Stability Reserve (MSR) have made EU ETS more responsive and effective. As part of the European Green Deal, EU ETS is evolving to align with more ambitious climate goals. It's at the core of the EU's mission to achieve climate neutrality by 2050. Our analysis shows that the role investment firms and banks play in the EU ETS hasn't changed notably over recent years  while the increased market involvement of investment funds is probably driven more by the prospects for attractive longer-term investment returns than short-term speculatory gains. #ClimateAction #EUETS #HanseaticCapitalManagement #HCM #EmissionsTrading

Today we will dive into Emissions Trading Systems with our VP of Policy Helen Bray! 🌟 Emissions Trading Systems have a cap on emissions which determines the volume of greenhouse gas (GHG) emissions which can be emitted, and puts a price on pollution for the companies who wish to buy allowances to emit GHGs under the cap. There is trading of allowances, and hence emissions trading systems can be called cap-and-trade systems. In summary, the cap on emissions delivers the environmental outcomes, and the trade of allowances enables a least-cost approach to deliver the cap on emissions. It was great to discuss the EU ETS last week with the PIK - Potsdam Institute for Climate Impact Research and Carbon Gap whether and how to integrated durable CDR under the EU ETS. https://hubs.ly/Q02Fyx7f0 We’d like to share that we believe that durable CDR could be included now under Article 24 of the EU ETS whereby an EU Member States can opt in activities. Is there a CO2 removal supplier and a Member State who would like to include a CO2 removal facility in their EU ETS? Throwing ideas out there as we look at what is possible under the current framework. Here, this latest research from shows including BECCS and DACCS could deliver a least cost approach to net-zero emissions https://hubs.ly/Q02Fywx10

🌍🔗 Navigating the Complexities of Emissions Trading Systems #climateaction #sustainability Emissions trading systems (ETS) serve as a crucial market-based mechanism for mitigating climate change by establishing a cap-and-trade approach for greenhouse gas emissions. These systems not only provide environmental certainty by capping total emissions but also allow entities to trade emissions permits, enabling cost-effective compliance. As more regions globally adopt and refine ETS, sharing insights and experiences is vital for fostering an effective international carbon market. #ets #greeneconomy #environmentalgovernance 📖 Full read here: https://lnkd.in/dgxPYN74

The EU’s emission trading scheme has been extended to #shipping. With the main source of carbon dioxide and other greenhouse gas emissions being fossil fuels, the latest article by UKP&I looks at the EU’s framework for emissions trading system as it applies to shipping. #ghg