Regulation or Innovation: Both sides of the debate from Carbon Positive and BIMCO - Clean Air at Sea

Posted August 12 - Clean Air at Sea
Regulation or Innovation: Both sides of the debate from Carbon Positive and BIMCO

The likelihood of additional emissions regulations that will impact the marine industry has started a lively debate. Each company within the industry has its’ own opinions on global warming and the real impact of ship emissions. Industry organizations, such as BIMCO or INTERTANKO, have their positions, as do NGOs, such as Friends of the Earth, who have their own agendas, separate and normally in direct opposition to the industry. There are firms manufacturing technology, like STI, Ecospec, or engine makers such as Wartsila, that have invested millions of dollars in to research and development of technology solutions, each of whom believes that their technology is the best solution to the problem. There are also firms who have a vested interest in regulatory action, such as Carbon Positive, who advocate market-based approaches and have invested in the enforcement and implementation mechanisms of emissions control. Finally, the politicians ultimately are the ones who have the final say, whether good or bad for the industry.
Complete Story at:
http://www.cleanairatsea.com/2010/08/12/regulation-or-innovation-both-sides-of-the-debate-from-carbon-positive-and-bimco/