Clean Energy Strategy and the Cost of Compliance in Focus at the ABS Southeast Asia Regional Committee
(SINGAPORE) Clean energy strategies and the impact of market-based measures on the cost of compliance led the discussion at the annual ABS Southeast Asia Regional Committee Meeting.
Maritime leaders from Singapore and across Southeast Asia heard a detailed briefing on the latest regulatory developments, including the transformational potential of the European Union’s Fit for 55 program that includes an emissions trading system (EU ETS) and FuelEU.
“We need different ways to approach decarbonization, not just through the lens of a CII rating. In the case of FuelEU,