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Title:Capped steam ahead: A case study among ship operators on a maritime ETS PDF Logo
Authors:Koesler, Simon
Achtnicht, Martin
Köhler, Jonathan
Issue Date: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
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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