EU carbon market expands to maritime sector in bold decarbonization push

In a bold stride toward a cleaner and more sustainable future, SOCAR Marine, a subsidiary of SOCAR Türkiye specializing in maritime transport, has officially commenced its participation in the European Union Emissions Trading System (EU ETS). This landmark development not only reflects SOCAR Marine’s commitment to environmental responsibility but also aligns with Azerbaijan’s broader climate ambitions to accelerate the transition to cleaner energy and reduce carbon emissions. By entering the EU ETS, SOCAR Marine now facilitates...

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