With the adoption of the IMO Net-Zero Framework delayed and political consensus uncertain, regulatory fragmentation becomes a real risk. Regulatory pressure will and in fact is already reappearing elsewhere. The EU has already moved ahead with EU ETS and FuelEU Maritime. The UK is extending its own emissions trading scheme to shipping. African countries have or are implementing national carbon tax schemes.
The UK ETS extension to shipping starts on 1 July 2026. This article explains scope, responsible entities, monitoring plans, reporting, verification, allowance surrender and contractual risks for maritime operators.
