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Impact analysis on shipping lines and European ports of a cap- and-trade system on CO2 emissions in maritime transport

Author

Listed:
  • Pierre Franc

    (MEEDDAT, DGITM)

  • Lisa Sutto

    (MEEDDAT, DGITM, LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

The maritime transport sector still falls outside the scope of the mechanisms for the reduction of greenhouse gas (GHG) emissions established by the Kyoto Protocol. However, given the prospect of an increase in CO2 emissions caused by shipping, the debate surrounding regulations relating to emissions in this sector is intensifying in several international fora. The International Maritime Organization and the European Union are discussing the introduction of a market-based measure for maritime transport. This article focuses on the principle of a cap-and-trade system and explores the potential impacts of the implementation of such a measure on the organisation of containerised shipping lines and European ports. To respond to these questions, different scenarios varying the scope for application and the degree of connection with other existing cap-and-trade markets have been constructed. The results demonstrate significant and differentiated effects between the various scenarios.

Suggested Citation

  • Pierre Franc & Lisa Sutto, 2014. "Impact analysis on shipping lines and European ports of a cap- and-trade system on CO2 emissions in maritime transport," Post-Print halshs-01366279, HAL.
    • Handle: RePEc:hal:journl:halshs-01366279
    DOI: 10.1080/03088839.2013.782440
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    Citations

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    Cited by:

    1. Gang Dong & Dandan Zhong, 2019. "Tacit Collusion of Pricing Strategy Game between Regional Ports: The Case of Yangtze River Economic Belt," Sustainability, MDPI, vol. 11(2), pages 1-17, January.
    2. Hermeling, Claudia & Klement, Jan Henrik & Koesler, Simon & Köhler, Jonathan & Klement, Dorothee, 2015. "Sailing into a dilemma," Transportation Research Part A: Policy and Practice, Elsevier, vol. 78(C), pages 34-53.
    3. Patrizia Serra & Gianfranco Fancello, 2020. "Towards the IMO’s GHG Goals: A Critical Overview of the Perspectives and Challenges of the Main Options for Decarbonizing International Shipping," Sustainability, MDPI, vol. 12(8), pages 1-32, April.
    4. Mundaca, Gabriela & Strand, Jon & Young, Ian R., 2021. "Carbon pricing of international transport fuels: Impacts on carbon emissions and trade activity," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    5. Sheng, Yu & Shi, Xunpeng & Su, Bin, 2018. "Re-analyzing the economic impact of a global bunker emissions charge," Energy Economics, Elsevier, vol. 74(C), pages 107-119.
    6. Gu, Yewen & Wallace, Stein W. & Wang, Xin, 2018. "Can an Emission Trading Scheme really reduce CO2 emissions in the short term? Evidence from a maritime fleet composition and deployment model," Discussion Papers 2018/10, Norwegian School of Economics, Department of Business and Management Science.
    7. Sheng, Dian & Li, Zhi-Chun & Fu, Xiaowen & Gillen, David, 2017. "Modeling the effects of unilateral and uniform emission regulations under shipping company and port competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 101(C), pages 99-114.
    8. Enock Kojo Ayesu & Clement Agonyim Asaana, 2023. "Global shipping and climate change impacts in Africa: the role of international trade," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-17, December.
    9. Mansouri, S. Afshin & Lee, Habin & Aluko, Oluwakayode, 2015. "Multi-objective decision support to enhance environmental sustainability in maritime shipping: A review and future directions," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 78(C), pages 3-18.
    10. Hermeling, Claudia & Klement, Jan Henrik & Koesler, Simon & Köhler, Jonathan & Klement, Dorothee, 2014. "Sailing into a dilemma: An economic and legal analysis of an EU trading scheme for maritime emissions," ZEW Discussion Papers 14-021, ZEW - Leibniz Centre for European Economic Research.

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