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szdaily -> World Economy -> 
Shippers close to global deal to cut greenhouse gas pollution
    2020-10-20  08:53    Shenzhen Daily

NEARLY 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s cargo ships, a step forward after two years of talks on how the industry should clean up its emissions.

A series of virtual meetings started yesterday, hosted by the United Nations shipping agency over a new rating system that will measure the carbon intensity of 60,000 large ships that haul everything from containers to crude oil.

After a historic agreement in 2018 by the International Maritime Organization (IMO), its members are negotiating ways to get to their goal of cutting the industry’s emissions in half by the middle of the century. All of them agree a ratings system is needed for the carbon intensity of ships, but they remain divided about how it should be calculated and how it should be enforced, according to people familiar with the talks.

The International Chamber of Shipping, a group that sponsored a compromise proposal alongside 14 other countries including Japan, China, Germany and India, said the deal would represent a major leap forward for the industry. Environmental groups say ship owners aren’t moving quickly enough and that the IMO’s effort will do little to contain the threat of global warming.

“We know more can be done and what we do must work in practice as well as in writing,” said Simon Bennett, deputy secretary general of the International Chamber of Shipping. “If we’re to achieve a truly global solution to the total decarbonization of world shipping, then radical, innovative technological solutions must be found.”

Starting from yesterday, parties to the IMO talks are expected to discuss a compromise proposal mapping out how the industry will act.

They remain split on the following issues: European countries argue that the most polluting ships should be sent to scrap if they still don’t comply by 2029. Others including China and Japan, which chairs the IMO’s environment body, along with the International Chamber of Shipping, say Europe’s proposed enforcement measures are too stringent since ships already face energy audits that could lead to penalties and sanctions if they don’t comply. Environmental groups and countries vulnerable to the worst impacts of climate change, such as the Marshall Islands, say none of the measures are tough enough and even Europe’s plan will allow shipping emissions to continue rising for another decade.

“Politically speaking, if they agree the proposals, then they have made progress,” said Faig Abbasov, director of shipping for the campaign group Transport and Environment. “But this compromise text means they are essentially agreeing to do nothing.”

The shipping industry is responsible for an immense amount of pollution. That’s partly because many vessels burn a heavy form of oil called bunker fuel that’s rich in sulfur, which leads to acid rain. If it were a country, shipping would rank alongside Germany as the world’s sixth-largest emitter of CO2, according to the World Bank. The industry brought stringent new requirements in this year on fuel quality, helping reduce sulfur emissions. It remains a major source of nitrogen oxides, another powerful greenhouse gas. (SD-Agencies)

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