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Wednesday, March 7, 2012

Lack of progress on shipping emissions may force EU's hand - Business Green - Sustainability Thinking

Posted - March 5, 2012 - By Will Nichols
Little progress was made on advancing market-based measures to deal with shipping emissions when a UN meeting on the issue closed on Friday, according to delegates, raising the prospect of unilateral EU action.
Divisions between countries over when measures should be introduced and their potential meant the week-long conference at the International Maritime Organization (IMO) in London concluded with few agreements, an attendee told BusinessGreen.

"Everyone agreed we should do it [introduce market-based measures], but we couldn't agree the process," he said.
"Developing countries... want to move it far to the right and developed countries want to get on with it."
Instead, talks became mired in technical details and debates about the level of technology transfer between the two groups, he added, while delegates could not agree a steering group for an impact study proposed by IMO secretary-general Koji Sekimizu examining nine potential measures.

An IMO spokeswoman told BusinessGreen that proposals including a levy on bunker fuel or a global emissions trading scheme remained on the table and would be addressed again at the next IMO meeting in early October.
Shipping contributes about three per cent of global emissions, but a rise in trade volumes and declining emissions in other sectors mean this is predicted to rise to around 18 per cent by 2050 if no action is taken.

Complete Post at:
http://www.businessgreen.com/bg/news/2157062/lack-progress-shipping-emissions-push-eu-actTopOfBlogs

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