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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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IMO set to take until 2023 to fix emission goal for shipping

Published 15:21 on October 28, 2016  /  Last updated at 09:16 on October 29, 2016  /  Climate Talks, International, New Market Mechanisms, Shipping, Voluntary Market  /  No Comments

The IMO has agreed to ready by 2018 an initial strategy to address greenhouse gas (GHG) emissions from international shipping, but this will not be finalised until 2023 to allow the industry time to collect fuel data.

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Emerging economies shirk carving out GHG goal for shipping

Published 18:07 on October 25, 2016  /  Last updated at 18:07 on October 25, 2016  /  Climate Talks, International, Shipping  /  No Comments

Countries at the UN’s maritime body were divided on Tuesday over how urgently to address emissions from international shipping and whether to establish a firm reduction target or even contribute towards meeting the Paris Agreement’s 2C global warming goal.

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UN shipping chief flags gap in climate measures

Published 12:57 on October 24, 2016  /  Last updated at 21:00 on October 24, 2016  /  Carbon Taxes, Climate Talks, EMEA, EU ETS, International, Shipping  /  No Comments

IMO efforts to regulate shipping’s energy efficiency do not address the sector’s projected demand growth, according to the head of the UN’s maritime agency, giving his clearest indication yet that a separate measure is needed to tackle international shipping’s rising emissions.

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Business, investors detached from international carbon trade as obstacles stack up

Published 14:18 on October 19, 2016  /  Last updated at 10:10 on October 31, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Shipping  /  No Comments

The cost-saving benefits of international carbon trade remain largely theoretical as a lack of ambition, political will and clarity over rules limit the opportunities for businesses and investors.

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COMMENT: Bunker emissions – time is up

Published 22:54 on September 19, 2016  /  Last updated at 06:59 on September 20, 2016  /  Aviation, Climate Talks, Conversations, International, Shipping, Views  /  No Comments

The time of reckoning for international aviation and shipping is with us. Yet 19 years after Kyoto, there are many worrying signs over whether their respective organisations can agree credible measures to tackle their emissions, writes Bill Hemmings, director, aviation and shipping, at campaigners T&E.

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CDM Board to pitch 7 ways to make best use of the mechanism

Published 20:54 on September 16, 2016  /  Last updated at 16:39 on September 19, 2016  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, Shipping  /  No Comments

The CDM Executive Board has agreed a list of seven best uses of the market mechanism that it will pitch to countries at November’s UN climate talks in Marrakesh.

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