Reinforcing the ETS SMAP to guarantee long-term shipping decarbonisation

🇬🇷 Hellenic Shipping News (GR) —

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A proposed ETS SMAP mechanism could provide an estimated €15 billion in support from 2028 to 2040 to help maritime companies adopt clean fuels and propulsion technologies. The plan is presented as a way to accelerate shipping decarbonisation and strengthen Europe’s industrial leadership.

The SMAP mechanism introduced under the ETS represents an opportunity to help the maritime sector to transition towards clean fuels and propulsion technologies, and strengthen Europe’s industrial leadership. With an estimated support of €15 billion between 2028 and 2040, such a mechanism could encourage shipping companies to use green e-fuels, which will need to be ...

Politics Energy Shipping maritime decarbonisation ETS SMAP green e-fuels clean propulsion European industry

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