Saturday, February 25, 2017

Europe’s Tough Line on Shipping Emissions

Shipping industry is ordered to reduce its climate-damaging CO2 emissions in European waters or face trading charges.

Dark clouds gather over a container ship in the Belgian port of Antwerp. (Image Credit: August Brill via Flickr) Click to Enlarge.
The European Parliament has lost patience with shipping industry inaction over climate change and has outlined plans to include vessels in its Emissions Trading System (ETS).

Ship owners are furious, claiming it is wrong that they will effectively be charged for carbon pollution in Europe Union waters ahead of any wider international arrangement.

But the members of the parliament in Brussels endorsed a recommendation from their own environment committee that the maritime industry should be included in the European Union’s ETS, a cap-and-trade scheme aimed at tackling global warming.

Maritime transport is estimated to produce around 1,000 million tonnes of carbon annually and is responsible for about 2.5% of global greenhouse gas emissions.

It is predicted that CO2 output will increase by between 50% and 250% by 2050, depending on future economic and energy developments.

“This is not compatible with the internationally-agreed goal of keeping global temperature increase to below 2°C compared to pre-industrial levels, which requires worldwide emissions to be at least halved from 1990 levels by 2050,” the European Commission explains.

Read more at Europe’s Tough Line on Shipping Emissions

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