Market based mechanisms have been key components of successful environmental legislation around the globe.

There is a strong business and environmental case for the use of emissions trading by shipping to meeting legislative requirements.

• Emissions trading will enable the reduction of shipping emissions in a cost effective way without compromising environmental benefits.
• SEAaT recommends to industry groups and legislators that emissions trading be encouraged and developed for shipping
• SEAaT aims to actively demonstrate the viability and benefits of Emissions Trading for shipping