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Posted - Monday, 11 January 2010 - HELLENIC SHIPPING NEWS WORLDWIDE
...Hopes for shipping
For the shipping industry we were expecting COP 15 to leave the regulatory responsibility for international marine bunker fuels with IMO. With most vessels registered in developing countries (approx. 70%), and given the ease with which a vessel can be re-flagged, an additional expectation was that a way would be found to accommodate the IMO principle of ‘equal treatment for all ships’ regardless of flag, rather than the application of the UNFCCC principle of ‘common but differentiated responsibility and capability’ (CBDR). 1 The CBDR principle requires that developed countries take responsibility for their historical GHG emissions and therefore that they recognise they must reduce both their GHG emissions as well as provide funding for the costs of adaptation in developing countries. CBDR is part of both the UNFCCC (UN Framework Convention on Climate Change agreed in 1992) and the Kyoto Protocol (agreed in 1997)....
http://www.hellenicshippingnews.com/index.php?option=com_content&task
Monday, January 11, 2010
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