The maritime industry is bracing itself for a significant financial impact as it navigates the requirements of Europe’s Emissions Trading System (ETS). Recent calculations conducted by Hecla Emissions Management have revealed that the cost of compliance with the ETS is expected to soar to staggering heights in the coming years. By 2024, the industry is...Read More

A common view in the financial industry is that carbon prices are detrimental: by reducing the profitability of companies, a higher price will lower share prices. But, while this may be true in the long run if carbon taxes permanently rise at a constant rate, it can be argued that, in the short to medium...Read More