Regarding the extension of the EU Emission Trading Scheme to include maritime emissions, who is responsible for submitting emissions allowances to the relevant administering authority?
Join Watson Farley & Williams and DNV Maritime for our webinar on ‘EU Emissions Trading Scheme: Digital Solutions and Next Steps’ on 2 June 2023.
Join Watson Farley & Williams and DNV Maritime for our webinar on ‘EU Emissions Trading Scheme: Digital Solutions and Next Steps’ on 2 June 2023.
This article explores the workings of the EU UK and Swiss (CH) ETS schemes, including their enforcement mechanics, and the risk that an aircraft operator’s non-compliance with them poses to lessors across those jurisdictions which fall within these schemes.
On 18 April 2023, the European Parliament voted in favour of the legislative amendments published on 8 February 2023 to the EU Emissions Trading Directive to include the maritime sector in the EU’s Emissions Trading Scheme.
In this brief update, we consider how leaked amendments to the draft EU Maritime Emissions Trading System (ETS) proposal could impact the apportionment of ETS costs and liabilities in the maritime sector.