Europe, China and the US could decarbonise 84% of global shipping emissions without IMO
A recent briefing from Transport & Environment (T&E) shows that Europe, China and the US could decarbonise 84% of all global shipping emissions without falling foul of the virtual lack of progress of the International Maritime Organization (IMO). The point is that even if China, Europe and the US only account for 40% of shipping emissions, the vast majority of ships call at one of their ports. If these three economies agree on measures to reduce their maritime emissions including carbon markets, pollution taxes, energy efficiency targets and zero-emission fuel standards they would create a de facto global regulatory regime bypassing the IMO.
Jacob Armstrong, sustainable shipping officer at T&E, said: “Efforts to decarbonise shipping at the IMO have so far been miserable. The need for consensus at the global level has brought us nowhere. But there is a much easier way to do it. With the vast majority of ships passing through Europe, China and the US, these leading economies can unilaterally regulate emissions without relying on the ineffective IMO.”
The Marine Environment Protection Committee (MEPC) will met on 12–16 December.