Topic
carbon pricing
Trade EU Carbon Pricing Compliance Maze: Shipowners Face Duplicate Reporting and Costs
The European Commission has pledged to prevent double charging for shipping emissions, but without detailed guidance, shipowners face a compliance maze. EU ETS, FuelEU Maritime and the IMO's emerging framework operate with different scopes, timelines and calculation methods, creating risks of duplicate reporting and costs. EmissionLink warns that accurate data and expert interpretation are essential.
Trade UK Carbon Market Extends to Domestic Shipping from July 1, 2026
The United Kingdom extended its emissions trading scheme to domestic shipping on July 1, 2026, covering cargo and passenger vessels of 5,000 gt and above. Operators must monitor CO2, methane, and nitrous oxide emissions and surrender UK allowances. The scheme is separate from the EU ETS, adding a new compliance layer for operators trading around the UK.
Regulations & Compliance EU's CBAM Poses Major Compliance Challenge for Indian MSMEs; Experts Seek Urgent Government Support
The EU's Carbon Border Adjustment Mechanism (CBAM) presents significant compliance hurdles for Indian MSMEs, who lack the financial and technical capacity to meet reporting requirements. Experts at the PHDCCI Carbon Shift India 2026 conference urged government support, including monitoring technologies and export diversification to Africa and other regions.