The urgent need to address global warming and reduce greenhouse gas emissions has positioned carbon capture technologies as crucial climate change mitigation tools. Safe and efficient CO₂ transportation, especially transboundary shipping, is critical in this context, raising numerous legal and...

This paper analyzes the use of market-based emission regulation instruments to address the carbon dioxide emissions of transportation. Simulations with a static multi region computable general equilibrium model show that including transportation into the European emission trading system is...