IMO sets course for shipping emission cuts, but without final destination
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.
Read MoreTarget the target: IMO resumes shipping emission goal-setting efforts
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.
Read MoreGlobal carbon pricing coalition turns focus to shipping
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.
Read MoreIETA members expect UK exit from EU ETS, but spread of global emissions markets -survey
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.
Read MoreGlobal shipping needs a firm GHG goal amid EU threat -EU’s Delbeke
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.
Read MoreCOMMENT: EU ETS threat to shipping is ‘wake-up call’, says EU climate boss Delbeke
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.
Read MoreNZ shipping industry protests ETS rules after price spike turns screw
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.
Read MoreIMO protests EU lawmaker efforts to backstop shipping emission curbs
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.
Read MoreCDM board eyes batch of recent climate deals in hunt for new demand sources
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.
Read MoreCOMMENT: Credit where credit is due – we should commend IMO efforts to address shipping’s CO2
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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