The Fort Worth Press - Maritime sector seals carbon-cutting deal but sparks criticism

USD -
AED 3.672504
AFN 64.503991
ALL 81.046102
AMD 360.780113
ANG 1.789785
AOA 917.000367
ARS 1523.143125
AUD 1.433486
AWG 1.8025
AZN 1.70397
BAM 1.745704
BBD 2.012675
BDT 123.586379
BGN 1.747831
BHD 0.377114
BIF 2995.403222
BMD 1
BND 1.277279
BOB 11.766859
BRL 4.965204
BSD 0.999331
BTN 94.818583
BWP 13.766234
BYN 2.934172
BYR 19600
BZD 2.009729
CAD 1.40025
CDF 2316.000362
CHF 0.825078
CLF 0.025064
CLP 986.459589
CNY 6.67805
CNH 6.670604
COP 3171.419646
CRC 456.018209
CUC 1
CUP 23.982684
CVE 98.420137
CZK 21.719504
DJF 177.944392
DKK 6.67165
DOP 61.293346
DZD 134.335699
EGP 55.079216
ERN 15
ETB 162.538225
EUR 0.89267
FJD 2.237204
FKP 0.74764
GBP 0.747692
GEL 2.590391
GGP 0.74764
GHS 11.586558
GIP 0.74764
GMD 74.000355
GNF 8843.664926
GTQ 7.638684
GYD 209.291739
HKD 7.84235
HNL 26.828223
HRK 6.728204
HTG 130.968001
HUF 327.370388
IDR 18093.85
ILS 3.10555
IMP 0.74764
INR 94.945504
IQD 1514.883742
IRR 1832375.000352
ISK 121.780386
JEP 0.74764
JMD 158.593297
JOD 0.70904
JPY 156.860385
KES 129.754095
KGS 87.448604
KHR 4082.652742
KMF 439.503794
KPW 899.999961
KRW 1323.525039
KWD 0.31069
KYD 0.832775
KZT 453.715357
LAK 22486.722899
LBP 89486.053465
LKR 331.81595
LRD 170.375329
LSL 16.556076
LTL 2.95274
LVL 0.60489
LYD 6.399786
MAD 9.815504
MDL 18.037221
MGA 4519.123488
MKD 54.987281
MMK 2100.187629
MNT 3599.924651
MOP 8.073191
MRU 39.936627
MUR 47.160378
MVR 15.460378
MWK 1732.762083
MXN 18.668404
MYR 4.085304
MZN 63.903729
NAD 16.556076
NGN 1332.060377
NIO 36.774222
NOK 9.35739
NPR 151.709734
NZD 1.750854
OMR 0.38297
PAB 0.999241
PEN 3.431874
PGK 4.475387
PHP 63.618038
PKR 276.527424
PLN 3.92999
PYG 5779.443924
QAR 3.642612
RON 4.779804
RSD 104.87794
RUB 81.617352
RWF 1476.413621
SAR 3.753249
SBD 8.07458
SCR 13.982238
SDG 601.503676
SEK 9.931804
SGD 1.276904
SHP 0.7473
SLE 22.950371
SLL 20969.504398
SOS 571.07154
SRD 37.649504
STD 20697.981008
STN 21.868166
SVC 8.743696
SYP 13001.999685
SZL 16.555541
THB 33.770369
TJS 9.208462
TMT 3.51
TND 2.983978
TOP 2.40776
TRY 49.703804
TTD 6.789842
TWD 32.585804
TZS 2645.601821
UAH 45.239791
UGX 4402.195742
UYU 40.076762
UZS 11958.762887
VES 879.788904
VND 25842.5
VUV 119.07444
WST 2.767685
XAF 585.553409
XAG 0.018551
XAU 0.000250266221
XCD 2.70255
XCG 1.800955
XDR 0.707052
XOF 585.553409
XPF 106.448878
YER 236.103589
ZAR 16.57373
ZMK 9001.203584
ZMW 20.091043
ZWL 321.999592
SSP 5745.690365
MXV 2.106972
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Maritime sector seals carbon-cutting deal but sparks criticism
Maritime sector seals carbon-cutting deal but sparks criticism / Photo: © AFP/File

Maritime sector seals carbon-cutting deal but sparks criticism

The International Maritime Organization, which oversees the highly polluting shipping industry, clinched a landmark deal on Friday to improve its target to cut carbon emissions -- but green campaigners said it fell far too short to tackle climate change.

Text size:

The London-based IMO said its Marine Environment Protection Commission has adopted a "historic... strategy to reduce greenhouse gas emissions from international shipping".

Compared with 2008 levels, the United Nations' global shipping regulator said nations had agreed to cut total annual emissions of greenhouse gases "by at least 20 percent, striving for 30 percent, by 2030" and "by at least 70 percent, striving for 80 percent, by 2040".

That compared with the prior target for a 50-percent reduction by mid-century.

The deal came at the end of a five-day meeting at the IMO's headquarters in London, attended by representatives from 100 countries involved in the shipping industry -- which emits roughly the same level of greenhouse gases as aviation.

- Urgency -

The gathering pitted climate-vulnerable nations -- particularly islands in the Pacific -- and richer countries against big exporters like China.

The vast majority of the world's 100,000 cargo ships -- which carry 90 percent of the world's goods -- are powered by highly-polluting diesel.

Shipping is responsible for around three percent of global greenhouse gas emissions according to the UN.

The IMO added it "remains committed to reducing greenhouse gas emissions from international shipping and, as a matter of urgency, aims to phase them out as soon as possible".

The "carbon intensity" of ships was expected to decline over time with "further improvement of energy efficiency" of new vessels, it insisted.

However, environmental non-governmental organisations slammed the agreement, arguing it was insufficient under the framework of the landmark Paris climate accord.

The green lobby instead wants the shipping sector to implement a 50-percent reduction by 2030 and deliver carbon neutrality by 2040.

- 'Vague' deal -

"They knew what the science required, and that a 50-percent cut in emissions by 2030 was both possible and affordable," said John Maggs, president of the Clean Shipping Coalition.

"Instead the level of ambition agreed is far short of what is needed to be sure of keeping global heating below 1.5 Celsius, and the language seemingly contrived to be vague and non-committal."

Harjeet Singh, head of global political strategy for Climate Action Network International, concurred that the strategy "charts a course towards emission reduction -- but unfortunately falls short of expectations".

"There is a clear disparity between its goals and those set by the Paris agreement."

Greenpeace UK welcomed the deal also declared it was "still too weak" to fight pollution in a sector which "has operated out of sight" for too long.

Under the 2015 Paris deal, nations pledged to reach net-zero carbon emissions by the middle of the century with the aim of limiting the increase in global temperatures to 1.5 degrees Celsius above pre-industrial levels.

Argentina, Brazil and China, in particular, had strongly resisted tougher IMO targets, arguing they cost poor, developing countries the most.

They are also strongly opposed to a flagship proposal for a global levy, or carbon tax, on shipping emissions.

French President Emmanuel Macron backed the idea at a recent climate finance summit in Paris, but said it would need backing from China, the United States and other European nations to work.

- Inadequate -

Green campaigners had protested Monday outside the IMO in central London.

Several dozen activists, including some dressed as jellyfish, urged greener freight to help tackle climate change and protect the oceans.

The Clean Shipping Coalition argued Friday that the regulator was simply not doing enough.

"This agreement is the latest example of a pattern of behaviour at the IMO, where climate and environment issues are addressed but not adequately responded to," the coalition said.

It "raises further questions about the institution's suitability as a venue for tackling shipping's serious impact on the climate and oceans", the NGO added.

P.McDonald--TFWP