ShareThis
Depending on how it’s spun, recent shipping industry meetings on controlling greenhouse gas emissions through market-based trading schemes either made “steady progress” or no progress at all.
The International Maritime Organization characterized the meetings of the third inter-sessional meeting of the Working Group on Greenhouse Gas Emissions that ended early this month in London as making steady progress. The meeting was attended by more than 200 experts. A major topic centered on the “compelling need and purpose” of developing market-based measures (MBMs) as potential mechanisms to reduce GHG emissions from international shipping.
The Working Group was also tasked with evaluating a feasibility study and impact assessment by an Expert Group of several possible measures proposed by governments and observer organizations. The Expert Group study also assessed the impact of proposed MBMs on, among others, international trade, the maritime sector of developing countries least developed countries (LDCs) and Small Island Developing States (SIDS), as well as corresponding environmental benefits.
Complete Story at:
http://www.triplepundit.com/2011/04/shipping-industry-emissions-agreement/
No comments:
Post a Comment