Shipping & Freight #ets#emissions trading
Shipowners and Airlines Urge EU to Use ETS Revenues for Green Fuel Transition
European shipowners and airlines jointly called on the EU to channel Emissions Trading System (ETS) revenues back into shipping and aviation for green fuels and technologies. Shipping contributes around €9bn and airlines €2.3bn annually, but the funds are not being reinvested, risking decarbonisation efforts. Europe lags Asia in fuel production capacity.
Jun 23, 2026 1 source