Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/60102
Authors: 
Koesler, Simon
Achtnicht, Martin
Köhler, Jonathan
Year of Publication: 
2012
Series/Report no.: 
ZEW Discussion Papers 12-044
Abstract: 
International shipping is an important emitter of greenhouse gases. The International Maritime Organization (IMO) is discussing different approaches to reduce maritime CO2 emissions, in particular market-based mechanisms. In this paper, we assess potential implications of a maritime emission trading scheme (ETS) on the organisation and operations of shipping companies, primarily on the basis of a case study involving ship operators. Our results suggest that there is no knock-out criterion why a cap-andtrade approach should not work in the shipping sector in practice. A maritime ETS has the potential to engage this sector into cost-efficient emission reduction if designed to account for the special characteristics of the international shipping industry.
Subjects: 
emission trading
international shipping
maritime emissions
JEL: 
L91
Q54
Q58
R48
Document Type: 
Working Paper

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