Progress against milestone 6.2030.2:
Mid- and long-term measures implemented and national regulation incentivising and ensuring the uptake of zero (or low) carbon fuels and technologies in place.
December 19, 2022
The European Union Emission Trading Scheme (EU ETS) is being extended to include emissions from shipping.
Under the agreement, emissions from the ETS sectors must be reduced by 62% by 2030, with free allowances disappearing by 2034. The scheme will cover greenhouse gasses such as carbon dioxide, methane, and nitrous oxide.
Source: European Parliament.