The Maritime Shift: Navigating the Future of Global Shipping Emissions As the world grapples with climate change, international shipping—a sector responsible for about 3% of global emissions—faces its own set of challenges. Unlike aviation, shipping hasn’t historically been covered by countries’ climate pledges under the Paris Agreement, leaving it outside the main deal for tackling … Read more
The Global Debate on Shipping Emissions: Understanding the U.S. Stance Recently, the international shipping community faced a contentious decision at the Marine Environment Protection Committee (MEPC) meetings from April 7-11. Central to the debate was whether to implement a carbon tax on shipping emissions via two potential measures: a carbon credits trading scheme or a … Read more
Nations Rally for a Greener Maritime Future In an unprecedented move, 47 nations alongside the International Chamber of Shipping have unveiled a proposal to establish a greenhouse gas emissions pricing mechanism for the maritime industry. This joint submission to the International Maritime Organization (IMO) aims to amend the MARPOL convention, setting a precedent for global … Read more