Working papers in Transport Economics
Options for Europe when acting alone on CO2 emissions from shipping
Abstract: This paper was prepared as a contribution to the Working
Group on Ships of the European Union's European Climate Change Programme
(ECCP) and presented on 22–23 June 2011 at the second meeting of the group.
It discusses various options that may be considered by the EU when
contemplating, in the absence of any progress in the International Maritime
Organzation (IMO), to act unilaterally on market-based measures for curbing
CO2 emissions from international shipping. Focus is, in particular, on the
pros and cons of introducing a hybrid scheme where emissions from domestic
shipping and other small vessels (below a certain size threshold) are
addressed by up-stream allocation of liability, i.e. with the fuel
suppliers, while a down-stream allocation of responsibility would apply to
large ships and to journeys departing from ports outside of the EU. For the
latter, the ship owner would be directly responsible for submission on
emission allowances or, alternatively, for paying a CO2 charge or levy.
Keywords: Shipping emissions; IMO; climate change; ECCP; (follow links to similar papers)
JEL-Codes: Q53; R48; (follow links to similar papers)
14 pages, November 16, 2011
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