Skip to content
Subscriber Only

U.K. May Include Shipping in New Emissions Trading Platform

  • Move follows similar plan by EU, Maritime Minister Courts says
  • Britain offering funding for zero-emission ship design
Containers As Surging Shipping Rates Pose New Headwind for the Global Economy
Photographer: Chris Ratcliffe/Bloomberg

The U.K. government is considering whether to include the shipping industry in its new carbon market as it seeks ways to eliminate transport pollution by 2050.

Maritime Minister Robert Courts said the U.K. may follow the European Union’s proposal to include shipping in its Emissions Trading System, where pollution limits are imposed on utilities, factories and airlines. Britain has developed its own emissions market as a result of leaving the bloc in January.