Evaluating the Economic Implications of the EU Emissions Trading System on the Energy Supply Chain through Maritime Transport

Abstract

Climate change has emerged as a pressing global concern, prompting diverse stakeholders to actively seek ways to reduce the environmental impact of human activities on the atmosphere. Market-based measures have been recognized as key strategies for achieving emission reduction targets. In this context, the inclusion of shipping in the European Union Emissions Trading System (EU ETS) has gained considerable attention due to its potential to drive significant changes in the energy supply chain within the EU.

This paper examines the specific implications of integrating shipping into the EU ETS, with a particular focus on ships involved in the transportation of energy goods within the European Union. Given the substantial role of ships in delivering essential energy supplies to Europe, understanding the economic impact and financial exposure of energy carriers to the EU ETS is of paramount importance.