European shipowners want carbon billions back

European shipowners have urged the European Commission to prevent double carbon charges and redirect billions raised from shipping towards cleaner fuels and technology, warning that the EU Emissions Trading System must support the industry’s transition without weakening its competitiveness.

In its policy demands, European Community Shipowners’ Associations (ECSA) described the continent’s fleet as a strategic asset that keeps goods, food and energy moving into and out of Europe....