Extension of the EU Emission Trading System to maritime transportation: Assessing the perception and impacts on the European container shipping industry

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dc.contributor.authorLarsson, Daniel
dc.contributor.authorHeljemo, Joel
dc.contributor.departmentChalmers tekniska högskola / Institutionen för mekanik och maritima vetenskapersv
dc.contributor.departmentChalmers University of Technology / Department of Mechanics and Maritime Sciencesen
dc.contributor.examinerGranhag, Lena
dc.contributor.supervisorThomassen, Christopher
dc.date.accessioned2025-02-14T12:03:42Z
dc.date.available2025-02-14T12:03:42Z
dc.date.issued2024
dc.date.submitted
dc.description.abstractWhile being a cornerstone in global trade and being one of the larger contributors to global emissions, container shipping is facing substantial challenges in terms of adopting sustainable energy practices. To combat this current landscape, and provide incentives for the shipping industry to become more sustainable, some initiatives have been introduced, where the EU Emission Trading System (EU ETS) has surfaced as one of these international initiatives. With a focus on actors active within European waters, this study evaluates the EU ETS regulation’s potential effects on the European container shipping industry, how it is perceived by actors within the industry, as well as determining its overall effectiveness in reducing CO2 emissions. Through interviews with international shipping companies and other knowledgeable actors, insights were gathered to provide a greater understanding of the challenges and opportunities arising from the extension of the EU ETS within maritime shipping. The findings of this study imply that actors within the European container shipping industry are positive to regulations such as the EU ETS, and evidently, that something was needed to be done to address these types of issues. Secondly, it is suggested that the competitive landscape between maritime and other modes of transportation will most likely not be altered, at least on a global scale. Thirdly, there are implications that shipping companies may utilize methods to avoid the regulation, such as optimizing routes and transferring the additional cost to shippers. The EU ETS is seen as a potential answer to reducing the cost gap between fossil and alternative fuels, but this study indicates that there are reasons to question the regulation’s overall effectiveness and its ability to reach its goal.
dc.identifier.coursecodeMMSX17
dc.identifier.urihttp://hdl.handle.net/20.500.12380/309131
dc.language.isoeng
dc.setspec.uppsokTechnology
dc.subjectEU ETS
dc.subjectmaritime shipping
dc.subjectcontainer shipping
dc.subjectfuel costs
dc.subjectsustainability
dc.subjectemissions
dc.subjectshipping fuel
dc.subjectmodal competition
dc.subjectmpacts
dc.subjectsjötransport
dc.subjectcontainersjöfart
dc.subjectbränslekostnader
dc.subjecthållbarhet
dc.subjectutsläpp
dc.subjectfartygsbränslen
dc.subjectmodal konkurrens
dc.subjectpåverkan
dc.titleExtension of the EU Emission Trading System to maritime transportation: Assessing the perception and impacts on the European container shipping industry
dc.type.degreeExamensarbete på kandidatnivåsv
dc.type.degreeBachelor Thesisen
dc.type.uppsokM2
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