EU Commission doubts green fund for European shipping companies
A ban on state subsidies to companies in the EU could stand in the way of European shipowners’ desire to fund their green transformation via the EU’s CO2 trading system, says EU Commission maritime transport director.
BY JENS THOMSEN, TRANSLATED BY JONAS SAHL HOLLÆNDER
Shipping companies’ desire to earmark three fourths of the future income from the European Union’s Emissions Trading System (ETS) for financing shipping’s green transformation, could prove difficult to fulfill in practice.
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