The UK Chamber of Shipping has called for funds raised from the inclusion of domestic shipping in the UK's Emission Trading Scheme to help not hinder the drive to net zero.
In response to the announcement that domestic shipping will be included in the UK's Emission Trading Scheme (ETS) beginning in 2026, a representative for the UK Chamber of Shipping stated:
“This announcement is a significant step forward in the journey to reach net zero emissions from domestic shipping in the UK, although international agreements remain the best way to deliver lasting change across the sector.
He further added, "It is important that as the details of the scheme become clear it helps, rather than hinders, the drive towards net zero. This means ETS funds raised from domestic shipping must be used to aid the transition to net zero for the sector. This should include supporting the development of zero-emission vessels, fuels and technology and associated port infrastructure.”