EU passes ship emissions reporting law
The European Parliament has approved a regulation forcing transparent Monitoring, Reporting and Verification (MRV) in its waters, despite the objections of industry representative groups.
The legislation requires vessels over 5,000 gt, whether flagged in EU or non-EU countries, to publicly disclose their fuel efficiency and emissions from 2018.
The agreement has provoked major criticism from a large number of shipping industry groups - typified by ICS head Bimco secretary general Lars Robert Pedersen who called it “unhelpful” – for pre-empting a comprehensive worldwide MRV agreement by the IMO. [...]
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