Green Tax Hits British Ferries, Wightlink CEO Speaks Out

Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Sabados

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Wightlink, a major UK ferry operator, criticizes new green tax for ships, stating it hinders decarbonization efforts. The tax, part of the Emissions Trading Scheme, fails to exempt hybrid vessels, forcing Wightlink to reconsider investing in a low-carbon ship. The company estimates the tax will add £1 million to their annual costs, potentially leading to surcharges for passengers and extended use of older, polluting vessels.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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