ACCORDING to the Norwegian Shipowners' Association, the International Maritime Organisation (IMO) needs to establish a zero-emissions objective for 2050, implement a market-based levy on CO2 emissions, and enhance energy efficiency regulations during its upcoming meeting in July in London, reports New York's Journal of Commerce.
In a statement released at the NOR-Shipping 2023 exhibition in Oslo, Norwegian Shipowners' Association CEO Harald Solberg, emphasized the urgency of the matter, stating that time is of the essence.
The 80th Marine Environment Protection Committee (MEPC 80) of the imo is scheduled to convene from July 3 to 6.
While it is anticipated that the committee will establish more ambitious targets for reducing carbon dioxide emissions from ships by 2050, there may be resistance from certain countries concerned about the potential economic consequences of a zero-carbon transportation objective.
Currently, the IMO's existing strategy requires a minimum reduction of 40 per cent in carbon emissions from maritime vessels by 2030 compared to 2008 levels, with a further reduction of 70 per cent by 2050.
However, Solberg strongly advocates for accelerating these ambitions to achieve complete elimination of CO2 emissions, reaching a 100 per cent reduction target.
'To supercharge the green shift, we need a clear zero-emissions target by 2050, a market-based levy on CO2 emissions, and an improved set of efficiency measures, and as our industry's global regulator, the IMO is the body to do it - and fast,' said Mr Solberg.
'We advocate setting an unequivocal zero-emissions goal by 2050 and the implementation of a market-based mechanism that puts a price on GHG emissions from international shipping.'
'The income from a CO2 levy should, in turn, be used to finance the green transition by reducing the price of alternative energy sources,' said Mr Solberg.
SeaNews Turkey
In a statement released at the NOR-Shipping 2023 exhibition in Oslo, Norwegian Shipowners' Association CEO Harald Solberg, emphasized the urgency of the matter, stating that time is of the essence.
The 80th Marine Environment Protection Committee (MEPC 80) of the imo is scheduled to convene from July 3 to 6.
While it is anticipated that the committee will establish more ambitious targets for reducing carbon dioxide emissions from ships by 2050, there may be resistance from certain countries concerned about the potential economic consequences of a zero-carbon transportation objective.
Currently, the IMO's existing strategy requires a minimum reduction of 40 per cent in carbon emissions from maritime vessels by 2030 compared to 2008 levels, with a further reduction of 70 per cent by 2050.
However, Solberg strongly advocates for accelerating these ambitions to achieve complete elimination of CO2 emissions, reaching a 100 per cent reduction target.
'To supercharge the green shift, we need a clear zero-emissions target by 2050, a market-based levy on CO2 emissions, and an improved set of efficiency measures, and as our industry's global regulator, the IMO is the body to do it - and fast,' said Mr Solberg.
'We advocate setting an unequivocal zero-emissions goal by 2050 and the implementation of a market-based mechanism that puts a price on GHG emissions from international shipping.'
'The income from a CO2 levy should, in turn, be used to finance the green transition by reducing the price of alternative energy sources,' said Mr Solberg.
SeaNews Turkey