Speed controls on shipping could save billions in lower ship fuel bills and at the same time cut emissions of carbon dioxide and other air pollutants, according to a new report commissioned by environmental groups Seas At Risk and Transport & Environment.
Reducing average speeds by 10 per cent will reduce emissions by 19 per cent across the world fleet even after building and operating new ships to make up for lost capacity. Emission cuts due to slower speeds are immediate, don’t require prior investment, and have no adverse impact on ship operations.
The report’s presentation coincided with the resumption at the International Maritime Organization of deliberations on measures to tackle greenhouse gas emissions from shipping.
Source: Transport & Environment, 28 February 2012