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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 13:03 on July 5, 2017  /  Aviation, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand, REDD, 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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Emerging nations dig in ahead of latest UN talks on shipping emissions -media

Published 18:35 on September 13, 2016  /  Last updated at 16:46 on September 19, 2016  /  Climate Talks, International, Shipping  /  No Comments

Nine emerging nations have signalled their opposition to setting greenhouse gas emissions targets for international shipping ahead of the resumption of UN talks on the issue.

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EU lawmakers launch push to get shipping in the EU ETS

Published 12:44 on September 5, 2016  /  Last updated at 12:47 on September 5, 2016  /  EMEA, EU ETS, International, Shipping  /  No Comments

Several MEPs from across the political spectrum have tabled changes to the EU ETS reform bill that would have shipping face EUA buying obligations from 2020 and receive a share of the bloc’s auctioning revenue to help fund emission cuts.

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Shipping industry not convinced about market measures to cut CO2, says spokesman

Published 16:42 on June 8, 2016  /  Last updated at 16:42 on June 8, 2016  /  Carbon Taxes, Climate Talks, International, Shipping  /  No Comments

Market-based measures to tackle shipping CO2 emissions are “highly controversial” and the majority of the maritime industry remains unconvinced that they work or deliver genuine emission reductions, according to a senior lobbyist from the sector.

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