Europe Cruise Industry Eyes Green Investment With Emissions Plan
Tourists queue for onward travel at a cruise terminal in Barcelona.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Europe’s cruise lines are arguing that some of the cash from emissions reduction programs should be plowed back into infrastructure investments, as the industry prepares to electrify ports and ships.
With cruise operators set to start contributing to the European Union’s emissions trading program, the global Cruise Lines International Association, or CLIA, wants “countries to be able to reinvest all, or at least some, of this extra revenue into infrastructure,” Europe Director General Marie-Caroline Laurent said in an interview.