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What is the EU Emissions Trading System, and how does it affect me?
The EU Emissions Trading System is an effort to reduce greenhouse gas emissions in the European Union, functioning as a crucial policy tool in the battle against climate change. It limits the total volume of specific greenhouse gases that participating industries can release.
To adhere to the updated regulations, ferry companies, like us, will need to purchase allowances from the UK, determined by the levels of greenhouse emissions they generate.
Starting from January 1, 2024, passengers travelling to/from St Malo or Cherbourg will face an additional charge when booking their fare. This fee will be calculated based on factors like the number of passengers, the crossing duration, and the vehicle type.
For instance, if you're journeying from Guernsey to France with a standard-sized car (up to 1.85m) and two passengers, the cost will be £0.50 multiplied by 2, plus £2.50 for the car, resulting in a total of £3.50.
Charges
|
Charge Type |
To/From France |
|
Passenger |
£0.50 |
|
Bicycle |
£0.00 |
|
Motorbike |
£2.50 |
|
Car (up to 3.1m) |
£2.50 |
|
Caravan / Trailer / Motorhome |
£2.50 |
EU Emissions Trading System Explained
Helpful Information
FAQ
How does the emission trading system work?
The EU Emission Trading System (EU ETS) is a cornerstone of the EU's efforts to combat climate change. It operates on a cap-and-trade principle, setting a limit (cap) on the total greenhouse gas emissions allowed by participating industries. Companies receive emission allowances, representing the right to emit a specific amount of CO2. If a company exceeds its allocation, it must purchase additional allowances. Conversely, those with surplus allowances can sell them. This market-based approach encourages companies to reduce emissions efficiently. The cap reduces over time, intensifying emission reduction efforts.
Where does my money from the ETS charge go?
The money from the EU Emission Trading System (EU ETS) goes towards funding initiatives for reducing greenhouse gas emissions, supporting renewable energy projects, enhancing energy efficiency, and aiding the transition to cleaner practices.
How is Condor Ferries reducing emissions?
We ensure that our vessels are equipped with advanced, fuel-efficient technology to minimise environmental damage. We also take part in regular maintenance to ensure optimal engine performance and fuel efficiency. In 2024, we aim to run a zero-emission commuter ferry between Belfast and Bangor using the Artemis eFoiler, allowing for minimal wake and up to 90% less energy than other conventional ferries.
What else is Condor Ferries doing?
We conscientiously recognise the environmental impact of our transportation operations and remain committed to actively mitigating these effects through various means. Moreover, we deeply value the vital role that charities and community organisations play within the communities we serve, and we are enthusiastic about contributing to their endeavours to achieve their objectives.
Our core mission revolves around fostering the well-being and prosperity of the communities we serve. In pursuit of this goal, we are dedicated to managing our environmental impact responsibly and proactively adopting innovative and collaborative approaches and technologies. As part of our long-term vision, we aspire to achieve climate neutrality by the year 2050.
Learn more here.
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