Maritime Emissions Taxation: An Alternative to the EU Emissions Trading Scheme?
16 Pages Posted: 8 Jan 2018
Date Written: March 2014
Abstract
Focusing on the EU’s alternative proposal of an emissions tax, this article analyzes the possibility for the imposition by an EU Member State of a targeted environmental tax to reduce maritime emissions. It considers how such a tax can be imposed in a manner that will not be detrimental to commercial interests and can instigate the desired impact. Importantly, it focuses upon providing a greater incentive for the maritime industry to invest in the most efficient shipping fleet to reduce emissions. It concludes by comparing whether such a perceived maritime emissions tax could be more advantageous than including maritime emissions in the EU ETS.
Keywords: Emissions, Maritime Emissions, ETS, Environment, Climate Change, Environmental Taxation
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