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ICS: Reducing CO2 is Economic 'No Brainer' for Shipowners

Today, at the United Nations (UNFCCC) Climate Change Conference in Warsaw (COP 19), the International Chamber of Shipping (ICS) will advise a United Nations event on the economics of mitigation that reducing CO2 emissions is an economic 'no brainer' for the global shipping industry. Further efforts by industry to improve fuel efficiency and reduce CO2 emissions from ships - which carry about 90% of global trade - is already a matter of enlightened self interest.