IMCA is advocating for clarity in the applicability of the EU ETS Regulation & associated EU MRV Regulation to the Offshore Marine Contracting Sector

The EU ETS was launched in 2005 and originally only regulated energy intensive sectors such as oil refineries, power generation and steel works. The aviation sector was incorporated into the Regulation in 2012 and in 2023, the EU agreed to extend the scope to include emissions from the maritime sector. In order to do this, it was necessary for the Commission to amend the associated EU Regulation (2015/757), on the Monitoring, Reporting and Verification of Carbon Dioxide Emissions from Maritime Transport. On the 10^th May 2023, the amending Regulation ((EU) 2023/957) was issued ‘in order to provide for the inclusion of maritime transport activities in the EU Emissions Trading System and for the monitoring, reporting and verification of emissions of additional greenhouse gases and emissions from additional ship types’.