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  • Flodén, Jonas,1974Gothenburg University,Göteborgs universitet,Northern LEAD,Företagsekonomiska institutionen, Industriell och Finansiell ekonomi & logistik,Department of Business Administration, Industrial and Financial Management & Logistics,Department of Business Administration, School of Business, Economics and Law, University of Gothenburg, Gothenburg, Sweden (author)

Shipping in the EU emissions trading system: implications for mitigation, costs and modal split

  • Article/chapterEnglish2024

Publisher, publication year, extent ...

  • Stockholm :IVL Svenska Miljöinstitutet,2024
  • electronicrdacarrier

Numbers

  • LIBRIS-ID:oai:research.chalmers.se:d6c32492-7da9-474d-a54b-989e15f2f8db
  • https://research.chalmers.se/publication/539904URI
  • https://doi.org/10.1080/14693062.2024.2309167DOI
  • https://gup.ub.gu.se/publication/334449URI
  • https://urn.kb.se/resolve?urn=urn:nbn:se:ivl:diva-4337URI

Supplementary language notes

  • Language:English
  • Summary in:English

Part of subdatabase

Classification

  • Subject category:art swepub-publicationtype
  • Subject category:ref swepub-contenttype

Notes

  • A-rapport, A2684.
  • EU recently decided to include shipping, meaning all intra-European shipping and 50% of extra-European voyages, in the EU Emissions Trading System (ETS) beginning in 2024. This article provides an early assessment of the impacts of the EU ETS on the shipping sector’s potential reductions in greenhouse gas emissions for different types of ships. It further examines selected mitigation measures and the impact on modals split and costs. The study employs a mixed-methods approach combining quantitative estimates (based on data from the EU monitoring, reporting and verification system) with qualitative data and information from interviews with key actors and from previous literature. This approach aims to provide a comprehensive understanding of the impacts of the EU ETS. The inclusion of shipping in the EU ETS is expected to introduce significant incentives to reduce emissions. We estimate that switching to bio-methanol at an emissions allowance price of €90–100/tCO2 will be cost-effective for a minor share of shipping segments (representing about 0.5-5% of all ships), whereas at a price above €150/tCO2 it could be cost-effective for a considerable share (potentially 75%) of ships. In the short term, the costs incurred by the EU ETS will be passed on to transport customers as a surcharge. The increased cost may, unless properly addressed, drive carbon leakage. Meanwhile, a modal shift away from shipping may occur in the roll-on, roll-off (RoRo) and roll-on passenger (RoPax) segments due to direct competition with road and rail transport and the relative ease of shifting to other modes of transport.

Subject headings and genre

Added entries (persons, corporate bodies, meetings, titles ...)

  • Zetterberg, LarsIVL Svenska Miljöinstitutet AB,IVL Swedish Environmental Research Institute,IVL Swedish Environmental Research Institute, Gothenburg, Sweden(Swepub:ivl)P010283 (author)
  • Christodoulou, AnastasiaWorld Maritime University,Panepistimion Pireos,University of Piraeus,World Maritime University, Malmö, Sweden;Department of Maritime Studies, School of Maritime and Industrial Studies, University of Piraeus, Athens, Greece (author)
  • Parsmo, Rasmus,1988IVL Svenska Miljöinstitutet AB,IVL Swedish Environmental Research Institute,Chalmers tekniska högskola,Chalmers University of Technology,IVL Swedish Environmental Research Institute, Gothenburg, Sweden;Department of Mechanics and Maritime studies, Chalmers University of Technology, Gothenburg, Sweden(Swepub:ivl)P010355 (author)
  • Fridell, Erik,1963IVL Svenska Miljöinstitutet AB,IVL Swedish Environmental Research Institute,IVL Swedish Environmental Research Institute, Gothenburg, Sweden(Swepub:ivl)P010251 (author)
  • Hansson, Julia,1978IVL Svenska Miljöinstitutet AB,IVL Swedish Environmental Research Institute,Chalmers tekniska högskola,Chalmers University of Technology,IVL Swedish Environmental Research Institute, Gothenburg, Sweden;Department of Mechanics and Maritime studies, Chalmers University of Technology, Gothenburg, Sweden(Swepub:ivl)P010225 (author)
  • Rootzén, Johan,1978IVL Svenska Miljöinstitutet AB,IVL Swedish Environmental Research Institute,IVL Swedish Environmental Research Institute, Gothenburg, Sweden(Swepub:ivl)P010049 (author)
  • Woxenius, Johan,1967Gothenburg University,Göteborgs universitet,Northern LEAD,Företagsekonomiska institutionen, Industriell och Finansiell ekonomi & logistik,Department of Business Administration, Industrial and Financial Management & Logistics,Department of Business Administration, School of Business, Economics and Law, University of Gothenburg, Gothenburg, Sweden(Swepub:gu)xwoxjo (author)
  • Göteborgs universitetNorthern LEAD (creator_code:org_t)

Related titles

  • In:Climate PolicyStockholm : IVL Svenska Miljöinstitutet24:7, s. 969-9871752-74571469-3062

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