Climate targets

UK Government Missing Out Nearly £2bn A Year By Not Taxing Pollution

Credits: Canadian Coast Guard/Twitter

Cash-strapped Britain could benefit from an additional £1.8 billion a year if it were to tax shipping emissions, a new Transport & Environment (T&E) analysis shows, says an article published on Transport environment.

Shipping emissions

Pricing the UK’s shipping emissions is a win for the climate and a win for the exchequer, says T&E.

UK shipping activity was responsible for 22 million tonnes of CO2 in 2021 – equivalent to a third of all the UK’s cars. If the UK...

https://mfame.guru/uk-government-missing-out-nearly-2bn-a-year-by-not-taxing-pollution/

MAN Study Explores Shipping Scenarios for A ‘Greener Future’

  • The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts.
  • The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Research (ISI), outlines 4 scenarios that explore how to reach the maritime industry’s climate targets by 2050.

According to the results of the #AHOY2050 future study – drafted by MAN Energy Solutions and the Fraunhofer Institute for Systems...

https://mfame.guru/man-study-explores-shipping-scenarios-for-a-greener-future/

UN Climate Change Talks Fall Out Amid Threats Of A Walkout

  • Delegates at IMO failed to agree to targets that would meet the Paris Agreement, as they had originally agreed to do in 2018, a deal the shipping industry hailed as ‘historic’ and which 100 countries had voted on.
  • By projecting such weak enforcement of its own laws into the proposals on GHG emissions for the global shipping fleet, will increase climate risk and push the world beyond the permissible limits.
  • It also increases the chance that the IMO will be broken up into a regional set of...

https://mfame.guru/un-climate-change-talks-fall-out-amid-threats-of-a-walkout/