EU Carbon Pricing Takes Effect, Adding New Structural Cost to Trans-Atlantic Trade
October 1, 2025 at 8:47 am | Uncategorized | No comment
The European Union’s Carbon Border Adjustment Mechanism (CBAM) and Emissions Trading System (ETS) began their full-scale financial impact in October, adding a new structural cost to all voyages touching the EU. The initial surrender of allowances for the ETS, covering a portion of 2024 emissions, has introduced a mandatory carbon pricing mechanism for international shipping, […]
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