A new study from Brussels-based NGO Transport & Environment (T&E) suggests Europe, China and the US could decarbonise 84% of all global shipping emissions without the need for the “ineffective” IMO.
T&E analysis of 2019 automatic identification systems shows 84% of shipping traffic goes through Europe, China and the US. If these economies were to regulate ships calling at their ports in a manner similar to how the European Union plans with its emissions trading scheme, they could decarbonise the lion’s share of the industry, T&E claims.
While China, Europe and the US only account for 40% of shipping emissions, the vast majority of ships call at one of their ports.
Member states at IMO’s sister body at the United Nations, the International Civil Aviation Organisation (ICAO), voted last month to adopt a collective long-term global aspirational goal (LTAG) of net-zero carbon emissions by 2050, something that is far head of IMO’s current demands which call for emission cuts of 50% compared to a 2008 baseline.
Tags: Decarbonisation, Emissions, IMO, Shipping
Recent Posts
India’s second green hydrogen auction awards $258m to 9 companies
Indian OMCs launch new biodiesel tender for FY 2025-26
India’s first hydrogen train set for launch by March 31
India approves legislation to boost oil and gas exploration
HIF Global leads the way with first US e-Fuels route clearance
Baltic Exchange introduces biofuel blends in latest expansion of its emissions calculator
COSCO SHIPPING sets new record for biofuel bunkering
Magenta mobility introduces NorMincv IoT vehicle management platform