EU carbon market set to include shipping

EU carbon market set to include shipping
    Given that wood exports are impacted by ocean freight rates the following news may have an affect on these in the future.    The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is failing to take action on carbon pollution from ships.    In a vote this week, members ...

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