Emissions proposals
The Global Shippers’ Forum has taken special notice of proposals from the European Commission to establish a system to reduce carbon emissions (CO2) from the maritime sector.
In the absence of a much needed global agreement to curb emissions from the sector, the Commission will legislate for a monitoring, reporting and verification (MRV) system for large ships (over 5,000 gross tons) from 2018 that use EU ports, irrespective of where the ships are registered.
Ship owners will be required to monitor and report the verified amount of CO2 annually emitted by their large ships on voyages to, from and between EU ports. International maritime emissions make up an estimated 2.7% of global greenhouse gas emissions but left unchecked could increase by 150% to 200% between 2007 and 2050.
The MRV proposal is now being examined by the European Parliament and Council, whose approval is needed for it to become law.
Related Articles
MARINE CONSTRUCTION
POWER & PROPULSION
ENVIRONMENT