Understanding the EU Emissions Trading System (ETS)

Understand the upcoming EU ETS requirements by embarking on a learning journey by enrolling on this course which is developed for maritime professionals, ship managers, and ship owners to delve into the intricacies of the European Union’s Emission Trading System (EU ETS).

This course, meticulously curated by industry experts, is designed to equip you with the knowledge and skills necessary to navigate the upcoming regulations set to take effect in January 2024.

Key Features:

1. In-Depth Understanding: Gain a profound understanding of the EU ETS, unraveling its cap and trade system and the intricacies of emissions allowances. Explore the significant differences between the existing EU MRV regime and the impending EU ETS requirements.
2. Timelines and Scope: Navigate through the timelines and scope of EU ETS for shipping, ensuring you are well-prepared for compliance. Understand the phased implementation, scope expansion to include Methane (CH4) and Nitrous Oxide (N2O) emissions, and the obligations for various types of vessels.
3. EUA Buying and Surrendering: Dive into the practical aspects of EUA trading – from understanding the entities involved, including the European Energy Exchange and Union Registry, to the critical role of Operator Holding Accounts. Learn the consequences of non-compliance and the penalties associated with failing to surrender allowances.
4. Preparation Strategies: Explore a comprehensive guide on how shipping companies can prepare for EU ETS efficiently. From interpreting data and choosing the right fuel to implementing effective GHG plans, this section provides actionable insights to ensure compliance while maximizing operational efficiency.
5. Managing EUAs and Spending Strategies: Uncover the complexities of managing European Emission Allowances (EUAs) and develop strategic plans to navigate the dynamic EU ETS market. Learn through real-world examples how excess EUAs can be strategically held for risk mitigation, future emission offset, simplified compliance planning, and consistent financial planning.

Who Should Enroll: This course is specifically tailored for seafarers, maritime professionals, ship managers, and ship owners seeking comprehensive knowledge and practical insights into the EU ETS. Whether you’re a seasoned industry veteran or a newcomer, this course will empower you to proactively navigate the upcoming regulatory changes.

Prepare Your Fleet for the Future – Enroll Today! Equip yourself with the knowledge and strategies essential for EU ETS compliance.

Note: No certificate is provided on completion of this course