Brussels - Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to Europe’s carbon market.
As the 27-country EU seeks to steer its economy towards “net zero” emissions by 2050, the executive European Commission wants to expand its carbon market to shipping.
Currently, the policy requires power plants, factories and airlines running European flights to buy pollution permits to cover their emissions.
The proposal, formally due by next summer, has already run into opposition.
“The application of EU-ETS to international shipping will have adverse repercussion on both environmental integrity and sustainability of global maritime transport and trade,” the South Korean government said in its response to an EU consultation on the policy, which closed on Thursday.
“Extension of EU ETS to international shipping is not the suggested way forward, whether the scope is limited to intra-EU shipping only or not,” Japan’s government said in public documents submitted to the European Commission.
The countries warned that adding shipping to Europe’s carbon market could stoke trade tensions, and cause extra emissions by prompting ships to take longer routes to avoid stops in Europe.