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EU officials believe that a global deal to cut maritime carbon emissions is currently unachievable and are instead talking up an initiative by the Bahamas to regulate the world's shipping fleets as an alternative.
EU officials believe that a global deal to cut maritime carbon emissions is currently unachievable and are instead talking up an initiative by the Bahamas to regulate the world's shipping fleets as an alternative.
"We have nothing in the global [talks] and it is unrealistic to expect a MBM [Market-Based Measure] deal this year, next year, the year after, and maybe the year after that also," one senior EU source told EurActiv.
"On the other hand we have a political commitment to do something regionally if nothing happens globally," he said.
Throughout 2011, the EU is consulting with stakeholders on policy alternatives, including bringing shipping into the Emissions Trading Scheme (ETS), if no accord is reached.
But as the Chinese airlines row rumbles on, there is little appetite for another spat in Brussels.
"The aviation [dispute] shows us that this is probably not the right way to go because if it fails, what have we won beside bad blood and bitterness?" one EU official told EurActiv.
The Bahamas initiative, which was originally mooted in March, was "a positive alternative" to unilateralism, according to EU Transport Commissioner Siim Kallas.
"We are looking for solutions that involve partners," he told EurActiv. "I don't think that a unilateral solution can be a good answer because it can create a lot of political resistance."
But environmentalists believe that the International Maritime Organisation (IMO) is too closely aligned with vested interests to ensure effective implementation of emissions reduction measures.
Complete Story at:
http://www.euractiv.com/en/climate-environment/global-maritime-carbon-deal-dead-water-news-506074
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