Brussels' proposed inclusion of shipping in its Emissions Trading System (ETS) has revealed an apparent divide in attitude towards climate change abatement of European shipowners and those elsewhere.
The International Chamber of Shipping has described the European Commission’s proposed ETS plan as a “money grab” that would not cut greenhouse gas emissions significantly.
But both the European Community Shipowners’ Associations (ECSA) and the German shipowners' association, VDR, took a more supportive tone of the commission's intent, although they remained critical of key elements of policy.