Tag: HHI

Of all industries in the EU economy the transport sector is the only one to have steadily increased its Carbon Dioxide (CO2) emissions since the reference year of 1990. Transport comprises of three modes, inland (road, rail and waterways), sea and air. Emissions from inland transport (mainly road) are the most important followed by maritime while aviation comes third. The greatest share of CO2 reductions has been achieved by land based emissions sources such as industrial plants and road transport. Regarding the maritime sector, it has to be said that historically it has not been addressed properly, if at all, as compared to all other transport modes. Such a privileged lack of regulation implies that currently, the cost of reducing emissions from ships would be much lower than for same results from land-based polluters. The shipping industry claims that by improving marine fuel oil quality and by reducing the sulphur content, as agreed in the International Maritime Organisation (IMO) under the MARPOL Convention, it will contribute to CO2 emissions reduction. This is incorrect and misleading. Improved marine fuel quality is totally unrelated to CO2 emissions. A better and cleaner fuel does not reduce CO2 emissions responsible for the global warming ...