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The decarbonization regulations, such as the EU MRV, EU ETS, and FuelEU Maritime, encompass more than emissions collection, data analysis and verification – they also carry commercial implications that extend beyond “normal regulations”.
The EU MRV serves as the backbone, with effective data collection and analysis being crucial. For some companies, the EU ETS represents a significant cost impacting their profit and loss (P&L) statement. Meanwhile, the FuelEU Maritime regulations initially pose a lower financial exposure for most companies, but the future bill may surpass what we observe from the EU ETS scheme.
In this webinar, we discussed the commercial and contractual side of these three regulations, with the following agenda:
- A regulatory summary of the EU MRV, EU ETS and FuelEU Maritime
- Responsible parties in the regulations (e.g. default responsibilities, principle for delegations)
- Key areas to regulation in contractual terms
- Commercial implications, and who will manage these
- Q&A session
The presenters were Helge Hermundsgård, Business Development Manager, and Piotr Naruszewicz, Technical Manager GHG, both from DNV Maritime.
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