Page 50: of Maritime Reporter Magazine (October 2018)

DECARBONIZATION © Stockninja/Adobe Stock

Net Zero Carbon

IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions Solutions

By Patricia Keefe limate change is the biggest to 2005 levels. It also quotes numbers the development of radical new ship de- issue facing [all aspects of] the from the International Council on Clean signs. The industry has not been sitting

C maritime industry, said Kitak Lim, Transportation, which says interna- idly by wallowing in its fumes.

IMO secretary general, in an interview tional shipping’s emissions had already earlier this year with Maritime Reporter dropped 8% between 2008 – the indus-

NAILING IT DOWN & Engineering News. He predicted that try peak – and 2015. The International shipping could experience as much Transport Forum (ITF), meanwhile, Still, leaving nothing to chance or ship- change in the next 10 to 20 years as it claims it is possible to virtually decar- ping’s best intentions, in April, IMO Ma- has in the last 100 years, as the indus- bonize shipping by 2035, well ahead rine Environment Protection Committee try races to meet a number of challeng- of IMO schedule, if the right policies, (MEPC) members agreed to lay down es, among them sustainability. technologies and incentives are put into a formal, multi-phased requirement to place “now.” In addition to the ICS and move to a 50% cut in GHG emissions

According to the International Chamber the OTF, there is a substantial pool of by 2050, a mandate that builds on three of Shipping (ICS) the industry is re- industry groups – including shippers, earlier regulations – one calling for sponding, reducing its total CO2 emis- ship owners and shipbuilders, ports, the implementation of a global carbon sions by more than 10% between 2007 etc. – that already have organizations emissions data collecting and reporting and 2012, and boasting a 20% reduc- in place hard at work addressing path- system by 2019, one setting a cap on tion in CO2 per tonne/km compared ways to emissions reduction, including sulphur content in marine fuels at 0.5%

Maritime Reporter & Engineering News, October 2018 th

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