UK Expands Emissions Trading Scheme to Maritime Sector

The UK government formally published its plan to expand the scope of the UK Emissions Trading Scheme (ETS) to include the maritime sector. The new rules will require operators to surrender allowances for emissions, mirroring the EU’s approach for international maritime voyages. However, the policy includes specific exemptions for ferries serving Scottish islands and fishing vessels, with a general delay for the inclusion of offshore vessels until January 2027. This move is a crucial step in aligning the UK’s climate policies with its decarbonization strategy for transport.