# EU’s Proposed Shipping Subsidies Could Make BioLNG Cheaper Than Fuel Oil

- Source: OilPrice.com
- Published: 2026-10-22T18:00:00+00:00
- Category: Markets
- Original: https://oilprice.com/Energy/Energy-General/EUs-Proposed-Shipping-Subsidies-Could-Make-BioLNG-Cheaper-Than-Fuel-Oil.html
- Canonical: https://groundlevelnews.com/story/eu-s-proposed-shipping-subsidies-could-make-biolng-cheaper-than-fuel-o-3a53aa/

Europe’s carbon market could soon start paying shipowners to switch fuels, but the support on offer is far from equal. In July, the European Commission proposed a revision of the European Union’s Emissions Trading System that would reserve up to 110 million allowances between 2028 and 2040 for a new Sustainable Maritime Alternative Propulsion (SMAP) mechanism, which is meant to cover part of the p

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