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EU Emission Trading System FuelEU Maritime


Year: 2023
Language: English
Author: Brijesh Tewari, Lloyd's Register
Genre: Presentation
Publisher: Lloyd's Maritime
Format: PDF
Quality: eBook
Pages count: 38
Description: This presentation, delivered by Brijesh Tewari of Lloyd’s Register, provides an in-depth overview of the European Union’s Emission Trading System (EU ETS) and the forthcoming FuelEU Maritime regulation, focusing on their implications for the shipping industry. It explains the evolving regulatory framework for greenhouse gas (GHG) emissions from maritime transport, detailing compliance timelines, scope, and coverage for various vessel types, including offshore and smaller ships. The slides outline changes to Monitoring, Reporting, and Verification (MRV) rules, the inclusion of non-CO₂ GHGs such as methane and nitrous oxide, and the phased application of emission allowances under the EU ETS "cap-and-trade" system.
The presentation also examines FuelEU Maritime, a complementary regulation aimed at reducing the GHG intensity of energy used onboard ships through a technology-neutral, goal-based approach. It details reduction targets up to 2050, penalties for non-compliance, incentives for renewable fuels of non-biological origin (RFNBOs), and mechanisms such as compliance pooling and surplus banking. Practical considerations are addressed, including contractual reimbursement provisions, administrative responsibilities, and the commercial and legal impacts under different charterparty structures.
Additional info: See also:

Fuel EU Maritime: How to Prepare for Compliance - DNV [2024, PDF]

Author: DNV | Year: 2024 | Language: English | Format: PDF | Quality: eBook | Pages count: 3 | Genre: Other

Open released by twicer


FAQ's on the FuelEU Maritime - ClassNK [2023, PDF]

Author: ClassNK | Year: 2023 | Language: english | Format: PDF | Quality: eBook | Pages count: 17 | Genre: Guide

Open released by Ferreirolo

Contents

EU ETS .......................  3
GHG calculation ..............  9
Emission allowances .......... 13
Practicalities ............... 16
Fuel EU Maritime ............. 27

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EU Emission Trading System FuelEU Maritime - Brijesh Tewari, Lloyd's Register [2023].pdf

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