Article
Version 1
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Impact of the Emissions Trading System (ETS) on Indian Shipping
Version 1
: Received: 7 September 2024 / Approved: 10 September 2024 / Online: 10 September 2024 (10:43:27 CEST)
How to cite: Bansal, T. Impact of the Emissions Trading System (ETS) on Indian Shipping. Preprints 2024, 2024090797. https://doi.org/10.20944/preprints202409.0797.v1 Bansal, T. Impact of the Emissions Trading System (ETS) on Indian Shipping. Preprints 2024, 2024090797. https://doi.org/10.20944/preprints202409.0797.v1
Abstract
The implementation of Emissions Trading System (ETS) poses significant challenges for the Indian maritime sector. This paper investigates the regulatory implications of ETS, focusing on how these regulations impact compliance and operational practices within the Indian shipping sector. It also analyzes the economic effects, including the financial burden and competitive dynamics faced by the Indian shipping companies in a global context. Additionally, the paper explores various adaptation strategies, emphasizing technological innovations and operational adjustments essential for navigating ETS requirements. By integrating recent industry data and case studies, this study offers a comprehensive overview of how the Indian shipping industry can effectively address the evolving regulatory landscape of ETS.
Keywords
Emissions Trading System, Indian Shipping, Regulatory Impact, Economic Effects, Adaptation Strategies.
Subject
Engineering, Marine Engineering
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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