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23-09-2015

ICS: Shipping's Fuel Efficiency Measures are Providing Genuine Reduction in Emissions

No need for "complex virtual measures such as carbon offsets" says ICS Secretary General Peter Hinchliffe ahead of Paris climate talks.

The global shipping industry has decreased its carbon emissions by 10 percent since 2007 despite increasing trade, meaning that the industry is delivering carbon neutral growth, the\u00a0International Chamber of Shipping (ICS) said Tuesday.\u00a0

The organization said that it was releasing the figures ahead of the\u00a0United Nations Climate Change Conference to be held in Paris in December, where one of the topics is expected to be a potential global carbon emissions target on the shipping and aviation sectors.\u00a0

\u201cThese are genuine reductions through fuel efficiency, without the need for complex virtual measures such as carbon offsets,\u201d said ICS Secretary General Peter Hinchliffe.

\u201cWith bigger ships, better engines and smarter speed management, the industry is confident of a 50 percent CO2 reduction by 2050 when the entire world fleet will comprise super fuel-efficient ships, many using clean fuels such as LNG.\u201d

The ICS said that it acknowledged that governments are keen to see more results, but also sought to draw attention to the fact that existing International Maritime Organization (IMO) regulations will mandate that all ships built from 2025 must be 30 percent\u00a0more efficient than ships built in the 2000s.\u00a0

\u201cThe entire world fleet is about 20 percent more efficient than in 2005," Hinchliffe\u00a0said.

"With the support of the shipping industry, IMO has already achieved a great deal and is the only forum that can deliver further significant CO2 reductions from international shipping.\u201d

Environmental groups have been vocal about an emissions target, arguing that it is the only method that will meaningful impact emission reduction efforts.\u00a0

Earlier this year, the ICS also dismissed claims from environmental group Transport & Environment, who released a report claiming that modern ships are less CO2 efficient than those built over 20 years ago.


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