{"id":20342,"date":"2024-01-15T15:47:34","date_gmt":"2024-01-15T14:47:34","guid":{"rendered":"https:\/\/wiersholm.no\/?post_type=newsletter&#038;p=20342"},"modified":"2025-03-13T13:38:25","modified_gmt":"2025-03-13T12:38:25","slug":"endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem","status":"publish","type":"newsletter","link":"https:\/\/wiersholm.no\/en\/newsletters\/endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem\/","title":{"rendered":"Amendment of the Norwegian Greenhouse Gas Emission Trading Act and Regulations due to the ratification of the strengthened EU Emissions Trading System"},"content":{"rendered":"<h1 class=\"wp-block-post-title\">Amendment of the Norwegian Greenhouse Gas Emission Trading Act and Regulations due to the ratification of the strengthened EU Emissions Trading System<\/h1>\n\n\n<figure class=\"wp-block-image alignwide size-full\"><img decoding=\"async\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2024\/01\/Spire_-nettside_2560x1440.png\" alt=\"\" class=\"wp-image-22254\" \/><\/figure>\n\n\n<p class=\"t2-ingress t2-ingress wp-block-t2-ingress wp-block-t2-ingress\">In the wake of the amendments to the EU Emissions Trading System, the Norwegian Ministry of Climate and Environment initiated legislative work to amend the Norwegian Greenhouse Gas Emission Trading Act.<\/p>\n\n<div class=\"t2-post-dynamic-part is-source-filter filter-competence_tags competence-tags wp-block-t2-post-dynamic-part\"><div class=\"wp-block-post-terms\"><a href=\"https:\/\/wiersholm.no\/en\/expertise\/climate-environment-and-sustainability\/\" rel=\"tag\">Climate, Environment and Sustainability<\/a><a href=\"https:\/\/wiersholm.no\/en\/expertise\/investigations-and-compliance\/\" rel=\"tag\">Investigation and Compliance<\/a><\/div><\/div>\n\n\n<p>Before Christmas, the Government put forward a bill to the Norwegian Parliament, and on 5 December 2023, the Parliament consented to incorporate the strengthened EU Emissions Trading System into the EEA Agreement. On the first day of the year, these rules came into force in Norway.<\/p>\n\n\n\n<p>Whereas the amendments to the Greenhouse Gas Emission Trading Act are largely overarching, the rules are specified in the Greenhouse Gas Emission Trading Regulations. Some of the consequences for the shipping industry are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A duty is introduced to surrender greenhouse gas emission allowances from maritime transport. Maritime transport must surrender allowances covering 40% of its emissions in 2024, 70% of its emissions in 2025, and 100% of its emissions in 2026.<\/li>\n\n\n\n<li>For ships that stay in or travel between ports of call within the EEA these obligations apply in full, while for ships travelling between a port of call outside the EEA and a port of call within the EEA area there is a duty to surrender allowances representing half the sea route.<\/li>\n\n\n\n<li>To begin with, this applies only to carbon dioxide (CO2) emissions, but as of 2026, emissions of methane (CH4) and nitrous oxide (N2O) also fall within the scope of the law.<\/li>\n\n\n\n<li>Section 20 of the Greenhouse Gas Emission Trading Act establishes strict coercive measures against non-compliance. Foreign ships may be turned away or refused passage, and Norwegian ships may be detained. Further, intentional or negligent infringement may result in a fine or imprisonment for up to 3 months, and the companies may be subject to rectification orders, coercive fines and infringement penalties amounting to EUR 100 for each tonne of reportable greenhouse gas emissions for which no allowances have been surrendered.<\/li>\n<\/ul>\n\n\n\n<p>Stakeholders in the shipping industry must acquaint themselves with how the regulations will affect their business, the deadlines that apply, how the purchase and reporting of allowances should be organised within the company, and they have to establish systems to ensure compliance.<\/p>\n\n\n\n<p>In addition to the integration of maritime transport into the ETS, the EU has launched a parallel emission allowance system for buildings, road transport and additional sectors (ETS 2), mainly small industries not covered by the existing EU ETS. Like the ETS, ETS 2 will also be a \u201ccap and trade\u201d system; yet with the important difference that the ETS 2 will cover emissions from upstream activities. Thus, it will be fuel suppliers, rather than end users (such as households and car users), who will have to purchase and surrender emission allowances to cover their emissions. The ETS 2 will be fully operational from 2027, while the obligations to monitor and report emissions will already apply from 2025. However, the EU has stated that the implementation of the directive may be postponed to 2028 should the market experience \u201cexceptionally high oil and gas prices\u201d in 2026. Regarding the Norwegian implementation of the ETS 2, the Ministry of Climate and Environment has announced that they will come back to the Parliament should amendments to the Greenhouse Gas Emission Trading Act and Regulations be required.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"h-key-contacts\">Key Contacts<\/h2>\n\n\n<div class=\"t2-featured-content-layout alignwide alignwide wp-block-t2-featured-content-layout\" role=\"list\">\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-anti-money-laundering competence_area_tax-antitrust-and-competition competence_area_tax-corporate-criminal-liability competence_area_tax-defence-and-security competence_area_tax-dispute-resolution competence_area_tax-employment-law competence_area_tax-eu-and-eea-law competence_area_tax-investigation-and-compliance competence_area_tax-public-sector competence_area_tax-restructuring-bankruptcy-and-insolvency role_tax-partner wp-block-t2-featured-single-post\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/gae\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/gae_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Georg Abusdal Engebretsen<\/h3>\n\t<p class=\"has-x-small-font-size\">Partner<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-climate-environment-and-sustainability competence_area_tax-corporate-criminal-liability competence_area_tax-date-center competence_area_tax-defence-and-security competence_area_tax-dispute-resolution competence_area_tax-eu-and-eea-law competence_area_tax-health-and-welfare competence_area_tax-human-rights-law competence_area_tax-industry competence_area_tax-investigation-and-compliance competence_area_tax-life-sciences competence_area_tax-public-sector role_tax-managing-associate wp-block-t2-featured-single-post\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/hebo\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/hebo_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Helene Bogen<\/h3>\n\t<p class=\"has-x-small-font-size\">Managing Associate<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n\n<div class=\"t2-featured-single-post t2-featured-content is-post-type-employee authorisation_tax-advokat competence_area_tax-climate-environment-and-sustainability competence_area_tax-corporate-criminal-liability competence_area_tax-defence-and-security competence_area_tax-human-rights-law competence_area_tax-industry competence_area_tax-investigation-and-compliance competence_area_tax-public-sector role_tax-associate wp-block-t2-featured-single-post\" role=\"listitem\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/people\/matb\/\">\n<figure class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img decoding=\"async\" src=\"https:\/\/personapi.wiersholm.no\/ProfilbilderCV\/matb_cv.jpg\" alt=\"\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\"> Mathias Bjerk\u00f8y<\/h3>\n\t<p class=\"has-x-small-font-size\">Associate<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n<\/div><\/div>\n\n\n<div class=\"t2-post-dynamic-part is-source-filter filter-published_date_group wp-block-group published-date wp-block-t2-post-dynamic-part\"><div class=\"wp-block-group published-date has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><div class=\"wp-block-group less-gap is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-2 wp-block-group-is-layout-flex\"><p>Published:&nbsp;<\/p><div class=\"wp-block-post-date\">15.01.2024<\/div><\/div><div class=\"wp-block-group less-gap is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-3 wp-block-group-is-layout-flex\"><p>Last modified:&nbsp;<\/p><div class=\"wp-block-post-date__modified-date wp-block-post-date\">13.03.2025<\/div><\/div><\/div><\/div>\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<hr class=\"wp-block-separator alignwide has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading alignwide has-small-font-size\">Related Articles<\/h2>\n\n\n\n<div data-wp-router-region=\"query-filter\" class=\"wp-block-query alignwide is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-3 wiersholm-related-post-query wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-6d3fbd8f wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-23749 newsletter type-newsletter status-publish has-post-thumbnail hentry competence_area_tax-financial-regulatory competence_area_tax-intellectual-property-rights competence_area_tax-investigation-and-compliance competence_area_tax-ma competence_area_tax-renewable-energy-and-infrastructure competence_area_tax-restructuring-bankruptcy-and-insolvency\">\n<div class=\"t2-featured-template-post t2-featured-content is-post-type-newsletter competence_area_tax-financial-regulatory competence_area_tax-intellectual-property-rights competence_area_tax-investigation-and-compliance competence_area_tax-ma competence_area_tax-renewable-energy-and-infrastructure competence_area_tax-restructuring-bankruptcy-and-insolvency wp-block-t2-featured-template-post\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/norway-international-update-q1-2026\/\">\n<figure style=\"--t2-focal-point: 50% 50%;\" class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2026\/04\/AdobeStock_130842483-fjord-2-scaled.jpeg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2026\/04\/AdobeStock_130842483-fjord-2-scaled.jpeg 2560w, 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has-post-thumbnail hentry competence_area_tax-bank-and-financing competence_area_tax-capital-markets competence_area_tax-climate-environment-and-sustainability competence_area_tax-financial-regulatory competence_area_tax-investigation-and-compliance competence_area_tax-restructuring-bankruptcy-and-insolvency competence_area_tax-tax-and-duties competence_area_tax-venture-capital-and-growth-financing\">\n<div class=\"t2-featured-template-post t2-featured-content is-post-type-newsletter competence_area_tax-bank-and-financing competence_area_tax-capital-markets competence_area_tax-climate-environment-and-sustainability competence_area_tax-financial-regulatory competence_area_tax-investigation-and-compliance competence_area_tax-restructuring-bankruptcy-and-insolvency competence_area_tax-tax-and-duties competence_area_tax-venture-capital-and-growth-financing wp-block-t2-featured-template-post\"><a class=\"t2-post-link wp-block-t2-post-link\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/norway-international-update-q1-2025\/\">\n<figure style=\"--t2-focal-point: 50% 50%;\" class=\"t2-post-featured-image has-image-ratio-4-3 wp-block-t2-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1440\" src=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-scaled.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" srcset=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-scaled.jpg 2560w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-300x169.jpg 300w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-1024x576.jpg 1024w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-768x432.jpg 768w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/04\/fjord-16-9-1-1536x864.jpg 1536w, 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300w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-1024x681.jpeg 1024w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-768x511.jpeg 768w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-1536x1022.jpeg 1536w, https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2025\/02\/AdobeStock_585049800-2048x1363.jpeg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n\n<div class=\"wp-block-group t2-post-inner-content is-layout-flow wp-block-group-is-layout-flow\">\n\t<h3 class=\"t2-post-title wp-block-t2-post-title\">Norway International Update Q4 2024<\/h3>\n\t<p class=\"has-x-small-font-size\">Newsletters<\/p>\n<\/div>\n\n<\/a>\n<\/div>\n<\/li><\/ul><\/div>\n<\/div>\n","protected":false},"featured_media":22254,"template":"","meta":{"editor_notices":[]},"tags":[],"competence_area_tax":[31,22],"class_list":["post-20342","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","competence_area_tax-climate-environment-and-sustainability","competence_area_tax-investigation-and-compliance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Amendment of the Norwegian Greenhouse Gas Emission Trading Act and Regulations due to the ratification of the strengthened EU Emissions Trading System - Law firm Wiersholm<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wiersholm.no\/en\/newsletters\/endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amendment of the Norwegian Greenhouse Gas Emission Trading Act and Regulations due to the ratification of the strengthened EU Emissions Trading System\" \/>\n<meta property=\"og:description\" content=\"Before Christmas, the Government put forward a bill to the Norwegian Parliament, and on 5 December 2023, the Parliament consented to incorporate the strengthened EU Emissions Trading System into the EEA Agreement. On the first day of the year, these rules came into force in Norway. Whereas the amendments to the Greenhouse Gas Emission Trading [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wiersholm.no\/en\/newsletters\/endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem\/\" \/>\n<meta property=\"og:site_name\" content=\"Law firm Wiersholm\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-13T12:38:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wiersholm.no\/content\/uploads\/sites\/2\/2024\/01\/Spire_-nettside_2560x1440.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wiersholm.no\/en\/newsletters\/endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem\/\",\"url\":\"https:\/\/wiersholm.no\/en\/newsletters\/endringer-av-klimakvoteloven-og-forskriften-som-folge-av-tilslutning-til-eus-forsterkede-kvotesystem\/\",\"name\":\"Amendment of the Norwegian Greenhouse Gas Emission Trading Act and Regulations due to the ratification of the strengthened EU Emissions Trading System - 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