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IMO sets course for shipping emission cuts, but without final destination

Published 17:36 on July 7, 2017  /  Last updated at 17:36 on July 7, 2017  /  Americas, Asia Pacific, Climate Talks, EMEA, International, Shipping, Voluntary Market  /  No Comments

The International Maritime Organisation (IMO) on Friday sketched an outline under which it will flesh out its initial strategy to address shipping emissions by 2018, but it stopped short of committing to decarbonise the sector this century.

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Target the target: IMO resumes shipping emission goal-setting efforts

Published 20:26 on July 3, 2017  /  Last updated at 08:36 on July 4, 2017  /  Climate Talks, International, New Market Mechanisms, Shipping  /  No Comments

The International Maritime Organization (IMO) on Monday resumed work that will determine whether its 2018 initial strategy to address international shipping emissions should contain far-reaching targets, binding measures, or merely warm words.

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Global carbon pricing coalition turns focus to shipping

Published 15:48 on May 25, 2017  /  Last updated at 15:48 on May 25, 2017  /  Climate Talks, International, Shipping, Voluntary Market  /  No Comments

The World Bank-led Carbon Pricing Leadership Coalition has launched a maritime programme aimed at helping shipping companies adopt internal carbon pricing, smoothing the path for a globally-applied mandatory measure.

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IETA members expect UK exit from EU ETS, but spread of global emissions markets -survey

Published 11:46 on May 24, 2017  /  Last updated at 19:40 on May 24, 2017  /  Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, EU ETS, International, Shipping, US  /  No Comments

Six out of 10 respondents in the International Emissions Trading Association’s market sentiment survey expect the UK to drop out of the EU ETS, but most are optimistic that new markets will emerge globally driven by China and the aviation sector.

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Global shipping needs a firm GHG goal amid EU threat -EU’s Delbeke

Published 18:59 on March 6, 2017  /  Last updated at 19:22 on March 6, 2017  /  EMEA, EU ETS, International, Shipping  /  No Comments

Nations must agree on an explicit emissions goal for international shipping to help earn the trust of EU lawmakers and avoid regional measures, according to Europe’s top climate official.

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COMMENT: EU ETS threat to shipping is ‘wake-up call’, says EU climate boss Delbeke

Published 18:22 on March 6, 2017  /  Last updated at 12:16 on March 7, 2017  /  Climate Talks, Conversations, EMEA, EU ETS, International, Shipping, Views  /  No Comments

Europe’s top climate official Jos Delbeke outlines why the global shipping sector needs a firm emissions objective in its climate action plans and why doubts among EU lawmakers that such work will be sufficiently robust are a wake-up call to all.

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NZ shipping industry protests ETS rules after price spike turns screw

Published 09:35 on February 13, 2017  /  Last updated at 11:16 on February 13, 2017  /  Asia Pacific, New Zealand, Shipping  /  No Comments

The massive increase in New Zealand carbon prices over the past 16 months has raised costs for the domestic shipping industry, sparking objections to ETS rules that allow international ships to carry goods in NZ waters free of emission costs.

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IMO protests EU lawmaker efforts to backstop shipping emission curbs

Published 20:52 on January 9, 2017  /  Last updated at 20:52 on January 9, 2017  /  Aviation, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

The head of UN shipping body IMO has written to EU leaders warning that moves by the bloc to curb the sector’s emissions, should a global deal falter, risk undermining those negotiations.

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CDM board eyes batch of recent climate deals in hunt for new demand sources

Published 17:21 on November 9, 2016  /  Last updated at 22:48 on November 9, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, Shipping, Voluntary Market  /  No Comments

The CDM Executive Board at its latest meeting continued to hunt for potential sources of future demand, eyeing the recent aviation, shipping and HFC deals as well as a potential increase in voluntary cancellations of CDM offsets.

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COMMENT: Credit where credit is due – we should commend IMO efforts to address shipping’s CO2

Published 11:44 on November 1, 2016  /  Last updated at 00:56 on November 2, 2016  /  Conversations, International, Shipping, Views  /  No Comments

The recent agreement by the International Maritime Organization (IMO) to a develop a comprehensive CO2 reduction road map is a significant decision giving further impetus to the substantial CO2 reductions that are already being delivered by the shipping industry, writes Simon Bennett of the International Chamber of Shipping.

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