Emission Scheme definition
Emission Scheme means a greenhouse gas emissions trading scheme which for the purposes of this Clause shall include the European Union Emissions Trading System and any other similar systems imposed by applicable lawful authorities that regulate the issuance, allocation, trading or surrendering of Emission Allowances.
Emission Scheme means a greenhouse gas emissions trading scheme, including the European Union Emissions Trading System and any other similar systems imposed by applicable lawful authorities that regulate the issuance, allocation, trading or surrendering of Emission Allowances; and
Emission Scheme means a greenhouse gas emissions trading scheme and any emissions, carbon reduction or other environmental or sustainability national or international laws or regulations applicable to the Vessel and her operation, which for the purposes of this Clause 48 shall include (without limitation) the European Union Emissions Trading System and any other similar systems imposed by any similar or equivalent international, regional, national or local scheme implemented by the IMO or any other lawful national or other authority that regulate the issuance, allocation, trading or surrendering of Emission Allowances.
More Definitions of Emission Scheme
Emission Scheme means a greenhouse gas emissions trading scheme which for the purposes of this Charter shall include the EU ETS and any other similar systems imposed by applicable lawful authorities that regulate the issuance, allocation, trading or surrendering of Emission Allowances.
Emission Scheme means a greenhouse gas emissions trading scheme which for the purposes of this Charter shall include the European Union Emissions Trading System specifically applicable to shipping as set out at paragraph 1 of Commission Implementing Regulation (EU) 2023/2599 of 22 November 2023 laying down rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the administration of shipping companies by administering authorities in respect of a shipping company (the “Directive”) and any other similar systems imposed by applicable lawful authorities that regulate the issuance, allocation, trading or surrendering of Emission Allowances.”; (q) by inserting in clause 56.15 (Compliance with laws) after the words “Liability Act 1980, as amended,” the following new wording: “, any laws applicable to the Lessor and/or the Lessee in respect of monitoring, reporting and verifying greenhouse gas emissions (including Regulation 2015/757 of the European Union) and surrendering and paying for any emission allowances under any applicable emissions trading scheme and to discharge all of the Lessor’s obligations thereunder (including but not limited to the European Union emissions trading system), subject to receiving any required documents and/or information from the Lessor”; and
Emission Scheme means a greenhouse gas emissions trading scheme which for the purposes of this Clause shall include the European Union Emissions Trading System and any other
Emission Scheme means a greenhouse gas emissions trading scheme which for the purposes of this Clause shall include the European Union Emissions Trading System and any other similar systems imposed by applicable lawful authorities that regulate the issuance,