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European Union › Maritime Transport › Carbon Emissions

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Latham & Watkins LLP

UK Government Publishes Consultation Responses on Expanding the UK ETS Scope

Latham & Watkins LLP on

The government confirmed plans to expand the scope of the UK ETS to further align with the EU ETS, following discussion on potential reintegration....more

King & Spalding

IMO’s Net-Zero Framework and the Global Carbon Price on Shipping

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A Major Milestone in Decarbonizing the Maritime Sector and a New Source of Demand for Green and Low-Carbon Hydrogen Derivatives and Biofuels - On April 11, 2025, the International Maritime Organization’s (“IMO”) 83rd session...more

Seward & Kissel LLP

The European Union Emissions Trading System is on the horizon for the maritime transportation sector

Seward & Kissel LLP on

The European Union Emissions Trading System (EU ETS) is coming into effect for the maritime transportation sector on January 1, 2024. Here’s what that means. Background - The EU ETS launched in 2005 and on May 10, 2023...more

K&L Gates LLP

Fit For 55 Package: EU Revises The EU Emissions Trading System And Establishes a New Carbon Border Adjustment Mechanism

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In the last couple of years, the European Union has announced and adopted a wave of sustainability initiatives that will have significant implications for European and global companies across all industries. Among other...more

Vinson & Elkins LLP

Carbon Taxes in the Shipping Industry—Assessing Japan’s Proposal

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There are growing calls for a carbon tax on shipping emissions. Jim Loftis, Ciara Ros and Tatiana Freeman of Vinson & Elkins look at the recent proposal from Japan for a global carbon tax, assess it in the context of the...more

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