Lloyd's Shipping & Trade Law
EU support schemes for the use of sustainable fuels in the maritime sector
This article introduces the revision of the Energy Taxation Directive (ETD) which aims to introduce higher taxation rates for fossil fuels and lower rates for renewables products. It examines the incentives and financial support schemes implemented by EU legislation to promote the use of energy from renewable sources in the maritime sector, as well as the sustainability and greenhouse gas emissions savings criteria required to benefit from such support schemes.
Revision of the Energy Taxation Directive