The Governments of the United Kingdom, Scotland, Wales and the Department of Agriculture, Environment and Rural Activities Northern Ireland have launched a consultation on the proposal to extend the UK Emissions Trading Scheme (UK ETS), the Effect Gas Emission Trading System greenhouse in the United Kingdom, similar to the European Union Emissions Trading System (EU ETS) of the European Union which has been gradually extended to the maritime sector starting from this year.

Announcing today the start of the consultation, the executives British experts explained that the inclusion of the maritime sector in the UK ETS from 2026 onwards, it is expected to help overcome a fundamental obstacle to the decarbonization of shipping, that marine fuel prices currently do not reflect their environmental costs. Also, include the industry in the system could strengthen the incentive to adopt low-carbon fuels, support the implementation of fuel-efficient technologies and the introduction of fuel-efficient operating practices.