European Commission launches public consultation on possible measures to reduce GHG emissions from ships; global maritime transport accounts for about 3% of global CO2 emissions, expected to more than double by 2050 without additional action

Alison Gallant

Alison Gallant

BRUSSELS , January 19, 2012 (press release) – Today the European Commission launched an on-line public consultation on possible measures to reduce greenhouse gas emissions from ships. All interested stakeholders can send their contributions until 12 April 2012.

The EU committed itself to reducing total greenhouse gas emissions by 2020 by at least 20% across all sectors. The 2008 legislation provides that if no international agreement was approved which included international maritime emissions before the end of 2011, the Commission should make a proposal to include these in the EU reduction commitment.

Despite significant efforts in the International Maritime Organisation (IMO) and the United Nations Framework Convention on Climate Change (UNFCCC), there has been only limited progress to date on the necessary technical, operational and market-based measures for new and existing ships. The European Commission will continue to support further works in these organisations for the development of global measures. The European Parliament and the Member States have therefore repeatedly called on the European Commission to take action if there is no international agreement.

International maritime transport emissions already account for approximately 3% of global CO2 emissions and they are expected to more than double by 2050 if no additional action is taken. The introduction of measures to cut emissions will also limit fuel consumption – reducing ships fuel bills by many billions of euros each year – and hence bring down transport costs. Such action will also stimulate demand for 'low carbon' maritime equipment and services.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.