An environmental NGO said that container lines calling for urgent action on market-based measures (MBM) from world leaders and the International Maritime Organization (IMO) are attempting to slow the introduction of the EU Emissions Trading System (EU ETS).
Faig Abbasov, Director, Shipping at NGO Transport & Environment, told Container News does not believe that the lines have made a U-turn on MBMs, but he believes that the European lines are trying to head off the challenge posed by the EU Emissions Trading System (EU ETS) or at least delay its introduction.
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