Industry groups support global carbon prices for large vessels | WGN Radio 720

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Berlin (AP) —A major maritime industry group on Monday supported a global surcharge plan for carbon emissions from shipping to fund the sector’s shift to climate-friendly fuels.

The International Chamber of Shipping has stated that it has proposed to the United Nations that all vessels traded globally beyond a certain size should pay a fixed amount per metric ton of carbon dioxide emitted. rice field.

A group representing commercial shipowners and operators, covering more than 80% of the world’s merchant fleet, did not specify the carbon prices it supports.

The shipping industry is estimated to account for nearly 3% of greenhouse gas emissions that are causing global warming and is projected to grow significantly in the coming decades.

Environmental activists welcomed the submission of the ICS to the International Maritime Organization, but warned that the scope of their ambitions remained unclear.

Aoife O’Leary, Global Transport Director of the Environmental Defense Fund, said:

The Marshall Islands and Solomon Islands are two countries with large convoys under serious threat of climate change and have already proposed a carbon tax starting at $ 100 per ton.

ICS opposes fragmented regional measures such as those proposed by the European Union and puts money generated from levies into a climate fund that subsidizes clean alternative fuels such as hydrogen until it competes with traditional fuels. He said he asked for it.

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Follow the Associated Press’s Climate Change Report at https://ift.tt/3irJEQi

Industry groups support global carbon prices for large vessels | WGN Radio 720

Source link Industry groups support global carbon prices for large vessels | WGN Radio 720

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