Annual EU-ETS allowance cost for shipping based on EU-linked CO₂ emissions, phase-in factor, and current EUA price.
Formula
$$ C = E_{CO_2} \cdot \phi \cdot P_{EUA} $$
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $E_{CO_2}$ | EU-linked CO₂ emissions | t/yr | MRV report |
| $\phi$ | Phase-in factor | - | EU ETS Directive Art. 3gd |
| $P_{EUA}$ | EUA market price | EUR/t | EEX / ICE |
Sources
- Directive (EU) 2023/959 (ETS amending).