Marine Link
Tuesday, March 19, 2024

Ships Will Wipe Out Half the Emissions Savings

Maritime Activity Reports, Inc.

December 7, 2016

 Growth in emissions from shipping and aviation will undo nearly half (43%) of the savings expected to be made by the rest of transport in Europe through to 2030, a new independent study has found. 

 
It means that almost half of the already-inadequate emissions savings expected in land transport will be cancelled out by ships and planes, according to the report commissioned by sustainable group Transport & Environment (T&E).
 
Bill Hemmings, aviation and shipping director at T&E, said: “Planes and ships are free riding at the expense of land transport’s already insufficient efforts to cut emissions. This is not only unfair but a roadblock to Europe meeting its own climate commitments. Governments need to think again and include shipping in the emissions trading system and strengthen its aviation provisions.”
 
Shipping emissions are totally unregulated but next week the European Parliament will consider a proposal to fix this by creating a Maritime Climate Fund and including ship emissions in the EU’s emissions trading system (ETS). In January the European Commission will make a proposal on aviation’s future in the ETS.
 
Shipping CO2 emissions can be reduced cumulatively by 80 million tonnes by 2030 if the sector is included in the ETS, compared to the status quo where its emissions are not regulated, according to the European Commission. 
 
The difference between action and inaction up to 2030 amounts to the total annual emissions of Austria. Currently MEPs in the environment committee are discussing whether to include the sector in the ETS through a Maritime Climate Fund. The fund would rebate a portion of ETS revenues back to the sector to finance sustainability projects.
 
Shipping, one of the fastest growing sources of transport emissions, is projected to account for 17% of global emissions by 2050. Yet the International Maritime Organisation has decided to delay by at least seven years any agreement on introducing a global measure to reduce GHGs from the sector with the actual implementation date possibly many years further away. 
 

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week