Tag: CO2

A majority of MEPs voted to include shipping in the scheme as of 2023, if there is no comparable system operating in the IMO in 2021. However, ECSA says that this decision will unduly complicate the achievement of an effective and timely global agreement in IMO that everyone in the end wants.

The EU voted in favour of the inclusion of CO2 emissions from shipping in the EU ETS and the establishment of a maritime climate fund “in the absence of progress at international level” as from 2023. ESPO strongly believes that IMO is by far the right place to introduce CO2 target and measures to reduce emissions from shipping in line with the Paris Agreement.

The ICS saIs that it is ‘disappointed but not surprised’ by the vote in the European Parliament to propose that international shipping (including non-EU flag ships) should be incorporated into the EU Emissions Trading System from 2023.

MEPs have backed reforms of the EU emissions trading system that will, for the first time anywhere, regulate international ship CO2 emissions as well as significantly tighten the cap on aviation emissions. Transport & Environment welcomed the reforms as both a much needed first move to kickstart maritime climate action.

Just before a crucial vote by MEPs, associations of shippers and cargo owners have called on the European Parliament, Council and Commission to include shipping emissions in the EU emissions trading system under a special fund.

"K" Line has announced that its CO2 reduction targets were approved to be scientifically consistent with the level achieving to the "Paris Agreement" set binding 2℃ goal for rise of global temperature and obtained certification from an international initiative, Science Based Target Initiative (SBTi).

The European Union 2015/757 Regulation has established the basis for measuring and recording carbon emissions and transport data of ocean-going ships. As an accredited inspection body, TÜV SÜD supports shipping companies in the inspection and verification of monitoring concepts and emission reports.

EQUATE Petrochemical Company and Maersk Line signed a partnership agreement which is based on both companies' sustainability priorities that include the shared vision to protect and safeguard the environment by decreasing CO2.

Over the past ten years, less of the greenhouse gas is reaching the Earth's atmosphere due to an increase in oceanic CO2 uptake. However, rising levels of CO2 in the ocean promote acidification. Thus, UC Santa Barbara conducted new research demonstrating that a slowdown of the ocean's overturning circulation is the likely catalyst.

IEA Energy Atlas has announced data of CO2 emissions per country including more than 140 countries and regions worldwide, by sector and by fuel from 1971 to 2014.