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ENERGY NEWS
Maritime sector floats fuel levy to help cut carbon
by Staff Writers
London (AFP) Dec 18, 2019

Major international maritime organisations proposed Wednesday a new fuel levy to help slash carbon emissions from one of the world's most polluting sectors, as they eye Paris climate change targets.

Seven global shipowner associations -- including Bimco, Intertanko and the World Shipping Council -- announced in a statement that they want to tax commercial shipping firms $2 per tonne of fuel to raise $5.0 billion (4.5 billion euros) for a new research group to reduce their carbon usage.

The International Maritime Research and Development Board (IMRB) intends on working towards eliminating carbon dioxide emissions from the industry -- and develop commercially-viable zero-carbon emission ships by the early 2030s.

The seven shipowner organisations also include the Cruise Lines International Association, Intercargo, International Chamber of Shipping and the International Parcel Tankers Association.

"International maritime transport carries around 90 percent of global trade and is currently responsible for approximately two percent of the world's anthropogenic CO2 emissions," the statement said.

"To achieve the Paris Agreement's climate change goals, rapid decarbonisation is vital -- also for international shipping."

The landmark 2015 Paris accord aims to cap global warming at two degrees Celsius (3.6 Farenheit) and requires nations to submit individually defined plans to slash the greenhouse gas emissions that are driving the mercury up.

Global shipping regulator the UN International Maritime Organization (IMO) is responsible for regulating the lowering of CO2 emissions by shipping companies.

"The industry-wide move to accelerate research and development is necessary to ensure the ambitious CO2 reduction targets agreed to by IMO member states in 2018 are met," the statement added on Wednesday.

"These ambitious IMO targets include an absolute cut in the sector's total greenhouse gas emissions of at least 50 percent by 2050, regardless of trade growth, with full decarbonisation shortly after."

Esben Poulsson, chairman of the International Chamber of Shipping, urged the world's governments to support the initiative.

"The shipping industry must reduce its CO2 emissions to meet the ambitious challenge that the IMO has set," he said.

He added: "This proposal is simple, accountable and deliverable and we hope governments will support this bold move."


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Brazil's Bolsonaro dismisses COP25 'game'
Rio De Janeiro (AFP) Dec 15, 2019
Brazilian President Jair Bolsonaro, a climate change skeptic, on Sunday dismissed as a "commercial game" the result of the COP25 climate talks in Madrid. He particularly singled out rich European nations as the players. Brazil was meant to host this year's global climate meeting but withdrew its offer more than a year ago, citing financial restrictions shortly after Bolsonaro's election. "I don't know why people don't understand that it's just a commercial game," Bolsonaro told reporters out ... read more

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