. Military Space News .




.
ENERGY NEWS
Shipping industry sees price on carbon emissions
by Staff Writers
Durban, South Africa (AFP) Nov 29, 2011


The world shipping industry could accept a global levy on carbon emissions from merchant ships under a deal that would also channel proceeds to poor countries, according to an announcement at the UN climate talks on Tuesday.

Maritime transport accounts for roughly three percent of world emissions of greenhouse gases.

But, like the aviation industry, it does not have any targeted curbs on this pollution, an omission that green campaigners are fighting to change.

In a joint statement, the International Chamber of Shipping (ICS), WWF and Oxfam said carbon emissions from merchant ships could be subjected to "market-based measures" as an incentive to reduce greenhouse gases.

Part of the revenue from this could go to a planned Green Climate Fund that, in theory, will provide up to 100 billion dollars a year for developing countries most at risk from climate change.

WWF's director of international climate policy, Keya Chatterjee, said the deal was "an agreement in principle" and some details, including the carbon price, needed to be hammered out in further negotiations in the UN's specialised shipping organisation.

The ICS, which accounts for more than 80 percent of the world's merchant fleet, prefers a straightforward levy but the WWF could accept other options, she said.

Chatterjee described the accord as a breakthrough.

Failing to factor in the cost of fossil-fuel pollution from transport was "a subsidy... an enormous failure," she told AFP.

The announcement was made on the second day of talks in Durban under the 194-nation UN Framework Convention on Climate Change (UNFCCC).

ICS Secretary General Peter Hinchliffe said in the statement that the rules should be crafted under the UN's International Maritime Organization (IMO), "with the same rules for carbon reduction applying to all internationally trading ships, but in a manner which respects the principles of the UN climate convention.

"If governments decide that shipping should contribute to the UNFCCC 'Green Climate Fund'," said Hinchcliffe, "the industry can probably support this in principle as long as the details are agreed at the IMO, with the industry's clear preference for a market-based mechanism being a compensation fund linked to the fuel consumption of ships, rather than an emissions trading scheme."

Chatterjee said she hoped the UNFCCC talks, running until December 9, would set a date by which the IMO would craft the rulebook.

Related Links





.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY NEWS
Google Reins in Spending on Renewable Energy Technology
Mountain View CA (SPX) Nov 29, 2011
Back in July Larry Page became Google's new chief executive and immediately began a campaign to reign in Google's projects and focus their resources. This was due to the stiff competition they were facing in mobile computing and social networking from Apple and Facebook, and also investor sentiment towards increasing expenditure on none core businesses. One of the latest casualties of this ... read more


ENERGY NEWS
Medvedev threatens missile deployment on EU borders

Boeing and Northrop Grumman GMD Team Statement on Competitive Missile Defense Contract

Iran 'builds own missile defense system'

Northrop Grumman Plays Key Role in Unprecedented Joint Service Air and Missile Defense Demonstration

ENERGY NEWS
MEADS Conducts First Flight Test At White Sands Missile Range

General killed in Iran blast 'was working on missiles'

Arms blast death toll rises to at least 36: Iran media

India: more AWACS and BrahMos missiles

ENERGY NEWS
Argus One UAV Completes Flight Testing With New Pod Bay and Propulsion System

Kratos on Winning Team to Provide Army Unmanned Aerial System Technical Support

US drone kills six militants: Pakistani officials

Lockheed Martin Wins Major Contract From US Army To Maintain Aerostat Detection Systems

ENERGY NEWS
Raytheon First to Successfully Test With On-Orbit AEHF Satellite

Lockheed Martin AMF JTRS Team Demonstrates Communications and Tactical Data Sharing At Army Exercise

Boeing Ships WGS-4 to Cape Canaveral for January Launch

Harris to maintain satellite ground system

ENERGY NEWS
New Weapon for Australian Soldiers

Cambodia landmine summit sparks hopes for survivor

Elbit Systems Awarded Order for Driving Trainers Israeli MOD

Lockheed Martin Completes Assembly Of The First International F-35 For UK

ENERGY NEWS
Japan firm raided over tech exports to China: reports

Contest for $1 billion jet deal heats up

S. African paper publishes 'sealed' arms deal interview

Mercosur mulls focus on arms suppliers

ENERGY NEWS
India-China meeting off over Dalai Lama: source

In Myanmar trip, US seeks clout on China doorstep

Perry says China's communists doomed, lack virtue

Three-way US-China drills possible: Australia

ENERGY NEWS
Rheinmetall demonstrates laser weapons

LockMart Directed Energy Leader Receives Purdue's Outstanding Aerospace Engineer Award


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement