The Japan Times - Polluting shipping to face climate reckoning

EUR -
AED 4.184217
AFN 71.778596
ALL 94.26058
AMD 418.558169
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.652409
AWG 2.052229
AZN 1.941395
BAM 1.955605
BBD 2.29677
BDT 140.265982
BGN 1.926481
BHD 0.429957
BIF 3386.861518
BMD 1.139336
BND 1.475553
BOB 7.880212
BRL 5.89839
BSD 1.140386
BTN 107.036303
BWP 15.497451
BYN 3.307369
BYR 22330.988246
BZD 2.293471
CAD 1.616661
CDF 2583.449152
CHF 0.922361
CLF 0.026741
CLP 1051.03496
CNY 7.745378
CNH 7.752824
COP 3917.408495
CRC 517.748256
CUC 1.139336
CUP 30.192408
CVE 110.253981
CZK 24.27816
DJF 203.069705
DKK 7.480658
DOP 67.003304
DZD 152.015808
EGP 56.43136
ERN 17.090042
ETB 183.850126
FJD 2.581854
FKP 0.861788
GBP 0.863068
GEL 3.01359
GGP 0.861788
GHS 12.857715
GIP 0.861788
GMD 83.171943
GNF 9992.001402
GTQ 8.700131
GYD 238.656149
HKD 8.935301
HNL 30.511951
HRK 7.539903
HTG 149.045104
HUF 354.163079
IDR 20349.226973
ILS 3.420345
IMP 0.861788
INR 107.508332
IQD 1493.850705
IRR 1566872.020062
ISK 144.115067
JEP 0.861788
JMD 179.602051
JOD 0.807834
JPY 184.293362
KES 147.565252
KGS 99.635383
KHR 4577.542521
KMF 494.472282
KPW 1025.40292
KRW 1749.211811
KWD 0.35275
KYD 0.950305
KZT 553.304703
LAK 25030.498458
LBP 102119.294221
LKR 383.321691
LRD 207.719241
LSL 18.745127
LTL 3.364164
LVL 0.689173
LYD 7.320268
MAD 10.693231
MDL 20.218979
MGA 4823.517939
MKD 61.628841
MMK 2391.906346
MNT 4077.580531
MOP 9.211779
MRU 45.511452
MUR 53.834064
MVR 17.603174
MWK 1977.402379
MXN 19.943172
MYR 4.65765
MZN 72.807828
NAD 18.745127
NGN 1567.875065
NIO 41.965806
NOK 11.31707
NPR 171.257885
NZD 2.017953
OMR 0.438079
PAB 1.140386
PEN 3.888611
PGK 5.0045
PHP 69.855021
PKR 317.362483
PLN 4.291823
PYG 6960.304389
QAR 4.156785
RON 5.244483
RSD 117.36827
RUB 89.906115
RWF 1670.033097
SAR 4.282472
SBD 9.173881
SCR 16.016599
SDG 683.602068
SEK 11.094411
SGD 1.474533
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.734866
SRD 42.70578
STD 23581.957684
STN 24.497552
SVC 9.978003
SYP 125.933213
SZL 18.734128
THB 38.028805
TJS 10.554045
TMT 3.987676
TND 3.379962
TOP 2.743248
TRY 53.039861
TTD 7.750225
TWD 36.299026
TZS 2999.100271
UAH 51.186584
UGX 4185.581694
USD 1.139336
UYU 45.775425
UZS 13697.631062
VES 707.246307
VND 29964.540351
VUV 136.297015
WST 3.167398
XAF 655.89145
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.055195
XDR 0.815718
XOF 655.89145
XPF 119.331742
YER 271.874128
ZAR 19.354809
ZMK 10255.396502
ZMW 20.541947
ZWL 366.865771
  • CMSC

    -0.1160

    21.93

    -0.53%

  • BCC

    1.2600

    81.02

    +1.56%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • RIO

    -1.3700

    93.74

    -1.46%

  • NGG

    -0.4100

    83.01

    -0.49%

  • GSK

    0.6100

    52.5

    +1.16%

  • AZN

    2.7300

    188.41

    +1.45%

  • JRI

    0.2100

    12.79

    +1.64%

  • BCE

    -0.2800

    22.92

    -1.22%

  • VOD

    0.0300

    13.89

    +0.22%

  • BTI

    0.2800

    62.76

    +0.45%

  • RBGPF

    3.7000

    65

    +5.69%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • RELX

    0.4200

    31.34

    +1.34%

  • BP

    -0.5900

    37.13

    -1.59%

Polluting shipping to face climate reckoning
Polluting shipping to face climate reckoning / Photo: CLEMENT MAHOUDEAU - AFP/File

Polluting shipping to face climate reckoning

The hefty carbon footprint of global shipping networks that crisscross our oceans and keep the world's economy afloat will come under scrutiny next week, as countries wrestle over measures to slash planet-heating pollution.

Text size:

Nations are under pressure to agree ambitious emission reduction targets and consider a tax on pollution by the sector at a key meeting of the International Maritime Organization. Currently shipping belches out roughly the same level of greenhouse gases as aviation.

The IMO Marine Environment Protection Commission (MEPC) meeting, held in London from Monday to Friday, is likely to pit climate-vulnerable nations -- particularly Pacific islands -- and some richer countries against big exporters such as China.

"The climate crisis is an existential threat to Pacific small island developing states, and many other countries, but can be seen as less urgent by countries with superior resources," Michael Prehn, the IMO delegate for the Solomon Islands, told AFP.

"This is why the Pacific has been consistently pressing for the highest possible ambition in climate regulation."

- Net-zero -

Shipping, which is responsible for around two percent of global greenhouse gas emissions, is judged to be off course in the fight against climate change.

Efforts to decarbonise so far centre around a 2018 IMO decision that instructed shipping firms to reduce CO2 emissions by 50 percent by 2050, from 2008 levels.

But that target is considered insufficient given the level of global emissions and compared to other industries, including aviation, which is aiming for net zero by the same mid-century deadline.

Nations in support of more ambitious cuts want the IMO to align its goals with the Paris Agreement's global warming limit of 1.5 degrees Celsius above pre-industrial times.

Some 45 countries -- including the European Union, the United States, Britain, Fiji, the Marshall Islands and Norway -- support a net zero target for the sector by 2050.

Most also support an intermediate target for 2030.

But emerging market exporters, particularly Brazil and China, have strongly resisted a change, according to observers at talks that started in late June ahead of the decision-making MEPC meeting.

A briefing note circulated by China, seen by AFP, framed the proposals as "unrealistic" and an effort by developed countries to boost their economic competitiveness by increasing shipping costs.

- A 'no-brainer' -

Ships transport 90 percent of the world's goods, and the sector emits around a billion tonnes of greenhouse gases every year, the equivalent of Germany or Japan.

Nicolas Entrup, director of international relations at marine protection organisation OceanCare, said a goal of absolute zero greenhouse gas emissions from shipping by mid-century, with interim targets, would be "the necessary step forward for humankind".

"It should be a no-brainer to bring the IMO targets in line with those of the Paris Agreement," he said. "We simply can't afford any other less ambitious path."

One immediate way to reduce emissions would be to simply slow boats down so they burn less fuel, he added.

Among the proposals coming from different countries, the EU wants net zero by 2050, with emissions reduced 29 percent by 2030 and 83 percent by 2040.

Countries such as the United States, Canada, and climate vulnerable Marshall Islands and Solomon Islands, want to go even further, with a 96-percent cut by 2040.

Observers say that while some countries are on the fence, the United Arab Emirates -- which will this year host the UN COP28 climate conference -- has swung in support of the goal of net zero by 2050. That has raised hopes of an agreement on the issue.

- Global levy -

But a potential deal on another flagship proposal -- to introduce a global levy on shipping emissions -- is going to be a harder sell.

French President Emmanuel Macron threw his support behind the idea at a recent climate finance summit in Paris, but said it would need backing from China, the United States and other European nations to work.

A source following the preliminary IMO negotiations said support had swelled to 70 countries but that major exporters including Brazil, China and Australia were against it. Brazil has argued it would harm food security and penalise developing countries.

There is also disagreement about where any revenues would be spent. There are debates over whether it should be used solely to decarbonise the sector, or whether some of the money should go to help countries cope with climate impacts.

The sums could be significant.

The Marshall Islands and the Solomon Islands, which have been campaigning for a tax for a decade, are proposing a tariff of $100 per tonne, with money helping vulnerable countries.

According to the World Bank, this could generate over $60 billion a year.

S.Yamada--JT