1、1 2025 Interferry 2025 InterferryGreen House Gas regulations-WHERE ARE WE HEADING?2 2025 InterferryWhat should IMOs role be?The existence of a proposal for legal text on an individual MBM does not imply that implementation of that particular proposal is imminent.International Chamber of Shipping(ICS
2、)Brief3 2025 InterferryTier 1Surplus zoneDirect compliance targetThis is how the IMO NZF should work in practiceTier 2Base target2008 baseline:93.3 gCO2eq/MJReward zoneZNZ threshold Tier 1 compliance:Purchase Remedial Units(RUs)from the IMOat USD100 per tonne of CO2eqTier 2 compliance:Purchase Remed
3、ial Units(RUs)from the IMO at USD380 per tonne of CO2eq Or trade for Surplus Units(SUs)Reward zone(in addition to SUs):Cash rewards for use of zero or near-zero GHG emissions fuels and technologies(details still to be agreed)potentially including carbon capture Surplus zone:Earn Surplus Units(SUs)tr
4、adable&bankable No penalties apply20282029203020312032203320342035How the money is collected2008 baseline:93.3 gCO2eq/MJ4 2025 InterferryThis is how the IMO NZF should work in practiceTier 2Tier 1Surplus zoneReward zone2028Base targetDirect compliance target2008 baseline:93.3 gCO2eq/MJZNZthreshold P
5、urchasing RUs at:$100(Tier1)and$380(Tier 2)per t/CO2eqOperatorChartererLogisticsConsumersJust Transition SupportInnovation&InfrastructureCapacity BuildingZNZ incentivesPricesCostsRatesBank or exchange SUs for RUsIncreased OPEXRewards mechanismA global reward system that supports direct OPEX(&potenti
6、ally CAPEX),a trade-off between short-term operating pain and long-term strategic investment.Funds are kept in sectorHow the system and the rewards work5 2025 InterferryTacit acceptanceMarpol amendment enters into force 10 months after it is formally adopted by the MEPC,unless on