IMO Agrees To First Tax On Shipping Emissions
The IMO has a bold new plan to address shipping emissions from oceangoing cargo ships by taxing each ton of carbon dioxide emitted.
international maritime organization
Delivering Net-Zero Shipping by 2050: Introducing the Green Balance Mechanism
Washington/Brussels/London/Singapore, 15 February 2024 — The global shipping regulator, the UN International Maritime Organisation, has set a target of net-zero carbon emissions by 2050 for the industry, and now needs to develop climate regulations by 2025 that make it possible to reach that target. A core challenge is how to … [continued]
Why Are Major Credible Organizations Like ICCT, SBTi & IMO Getting Energy Demand Wrong?
The International Council on Clean Transportation (ICCT), the Science Based Targets initiative (SBTi), the International Maritime Organization (IMO) and others share a common affliction, a belief that some demand segments are going to increase as they have for the past 30 years. As a result, their analyses are skewed. Let’s … [continued]
Europe, China, & US Could Decarbonise 84% Of Global Shipping Emissions Without IMO
With the vast majority of ships calling at European, Chinese and US ports, regulation of shipping emissions in these economies would be enough to decarbonise shipping globally. 84% of shipping traffic goes through Europe, China and the US, a new Transport & Environment (T&E) study shows. If these economies were … [continued]
New Poll: Majority of Americans Would Change Where They Shop to Support Cleaner Ships
74 percent say they’d be more likely to shop at a company that used cleaner shipping practices.
Here’s How Ship Owners Plan To Cheat On Carbon Emissions Reduction Plan
The shipping industry creates more carbon emissions than most of the world’s countries. A new plan would reduce those emissions, but companies have already figured out how to do an end run around the new rules. Human behavior is so predictable.
Global Shipping Body Adopts 50% GHG Emissions Reduction Target
Announced last week, the United Nations International Maritime Organization has adopted a new commitment to reduce greenhouse gas emissions across the sector, seeking to peak emissions “as soon as possible” and to reduce annual emissions by at least 50% by 2050.
Global Shipping Fuel Costs To Rise 25% In 2020 Due To New Sulfur Rules
The global average cost of shipping fuels will rise by around 25% in 2020, due to the new sulfur limits set to go into effect then, according to a new report from the consultancy Wood Mackenzie.
Norway’s Government & Shipowners Association Want Global Shipping Emissions To Be Halved By 2050
The government of Norway and the country’s shipowners’ association have revealed their preference for global shipping related greenhouse gas emissions goals to target a figure of 50% by 2050, the two entities have revealed ahead of talks next week in London.
The Japanese Are Developing Greener Sailboats
The government of Japan is working with a consortium of maritime shipping companies and the University Of Tokyo to develop more energy-efficient sailboats. This might be a response to increased emissions standards slated for 2015 by the International Maritime Organization, a UN affiliate. The government will provide $96,670 (10 million yen) in … [continued]
