Highlights We evaluate the effects of an EU regional maritime emission trading scheme. The attempt to implement an EU maritime ETS runs into a dilemma. From an economic point of view, the ETS must include all emissions arising on the whole route of a ship. From a legal point of view, such a comprehensive scheme is incompatible with international law.

    Abstract On the basis of a joint economic and legal analysis, we evaluate the effects of a “regional” (European) emission trading scheme aiming at reducing emissions of international shipping. The focus lies on the question which share of emissions from maritime transport activities to and from the EU can and should be included in such a system. Our findings suggest that the attempt to implement an EU maritime ETS runs into a dilemma. It is not possible to design a system that achieves emission reductions in a cost efficient manner and is compatible with international law.


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    Title :

    Sailing into a dilemma


    Subtitle :

    An economic and legal analysis of an EU trading scheme for maritime emissions




    Publication date :

    2015-04-28


    Size :

    20 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




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