Page 21 - European Energy Innovation - Autumn 2015 publication
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Autumn 2015 European Energy Innovation 21


that emissions of all sectors of up without hampering progress.
the economy will peak or decline That’s why a cap on emissions is
by 2020, none of the “business not meant to limit the growth of
as usual” IMO scenarios which the sector or global trade.
include expected fleet efficiency
improvements, foresee a decline So far, the shipping industry and
in shipping emissions before the IMO have failed dismally
2050. to cut their greenhouse gas
emissions. Climate change is
Like all the other sectors of the the greatest challenge that
global economy, international developed and developing
shipping urgently requires an counties face, a threat to our
emissions reduction target. There very existence on Earth. Any
is no reasonable or sensible Paris deal must clearly state that
excuse to continue exempting international shipping will be
shipping from the global subject to a carbon reduction
policy framework. Not even the target. The deal must also oblige
economic argument stands up to the IMO to agree by 2016 the
proper scrutiny. The global GDP measures to implement these
rebounded after the economic carbon reductions. Finally,
crisis and the shipping sector all UN countries should also
recovered to an extent. But, include domestic shipping GHG
thanks to slow steaming, shipping emissions in their own national
emissions showed a decline. This emission reduction plans.
indicates that there are options Turning a blind eye to these
available and a great potential two elephants in the room is no
for new technologies to clean longer an option. l
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