CleanTransport 43d ago

The UK's Emissions Trading Scheme is expanding to domestic maritime shipping in 2026—a welcome step, but one that covers just 15% of UK-related shipping emissions. 🚢 New ICCT analysis looks at what it could mean to go further. The numbers make the case for expansion: 📊 16.4 Mt of CO₂e emitted by UK-related shipping in 2023 ⚠️ 15% of those emissions are covered by the UK ETS 4️⃣x the current emissions coverage is within reach by expanding to cover international voyages and smaller ships 💷 £570–£710M in potential annual revenue generated from full expansion With the UK government now considering whether to include international voyages originating or ending in UK ports, and a coverage review expected, the window to improve the scheme is open. Our analysis sets out a stepwise plan for what that expansion could look like— and what the benefits of each step are. 🔗 Read the full brief: https://theicct.org/publication/expanding-the-uk-emissions-trading-scheme-to-international-maritime-emissions-may26/