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ETS, the EU’s CO2 emissions regulation, will come into force in 2024

The acronym EU ETS (European Union Emissions Trading System) refers to the greenhouse gas emissions trading system created by the European Union to combat climate change. It is a pioneering system because it is the world's first emissions trading scheme applicable to the 27 Member States of the European Union, together with Liechtenstein, Norway and Iceland. From 1 January 2024, shipping companies will have to rigorously monitor their emissions to [...]