Issuing agency: Bureau Veritas Marine & Offshore
Column: Illustration
source: https://marine-offshore.bureauveritas.com/insight/infographics/eu-ets-perimeters-explained
The EU ETS system targets the volume of GHG emissions. Every registered emitter must surrender a corresponding amount of allowances purchased through an auction system. Allowances will be needed for the emissions from commercial operations within/between EU ports and the rest of the world.