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ICS offers insight into the Paris Agreement
The International Chamber of Shipping (ICS) has launched a new publication that explains what the Paris Agreement could actually mean for international shipping.

Reducing CO2 Emissions to Zero explores possibilities for the development of zero CO2 fuels that will almost certainly be required if a 50% total cut in GHG emissions is going to be delivered before 2050, as well as investigating policy options for short and medium term regulatory measures.

“In the introduction, explains: “We now expect discussions at IMO to begin in earnest on the development of additional CO2 reduction measures, including those to be implemented before 2023. ICS will continue to participate constructively,” said Esben Poulsson, ICS Chairman.

Fleet improvements

The targets include an average efficiency improvement of least 40% across the fleet compared to 2008, regardless of future trade growth.

The publication sets out ICS’s firm opposition to the concept of mandatory operational efficiency indexing of individual ships as a possible candidate measure for CO2 reduction, which ICS argues would lead to serious market distortion.

ICS also explains why the European Union needs to align its regional system for collecting CO2 data from ships with the global system that has been established by IMO.

Reducing CO2 Emissions to Zero can be downloaded free of charge from the ICS website.

The Initial Strategy on Reduction of GHG Emissions from Ships was adopted by the IMO Marine Environment Protection Committee in April 2018. The next round of IMO discussions on additional CO2 reduction measures will take place in October.

source: GreenPort