The Japan Times - Polluting shipping to face climate reckoning

EUR -
AED 4.092924
AFN 72.441335
ALL 90.604799
AMD 404.328906
ANG 1.994678
AOA 1023.091852
ARS 1722.63001
AUD 1.622193
AWG 2.006062
AZN 1.899515
BAM 1.951595
BBD 2.2542
BDT 139.559331
BGN 1.947921
BHD 0.422288
BIF 3348.450829
BMD 1.114479
BND 1.430959
BOB 13.275399
BRL 6.222245
BSD 1.119388
BTN 105.198359
BWP 15.356777
BYN 3.351474
BYR 21843.787311
BZD 2.25123
CAD 1.584382
CDF 2580.019043
CHF 0.922911
CLF 0.027867
CLP 1096.769632
CNY 7.433964
CNH 7.432828
COP 3686.428873
CRC 506.306931
CUC 1.114479
CUP 26.864881
CVE 110.027954
CZK 24.361507
DJF 199.300223
DKK 7.475529
DOP 67.893424
DZD 152.256787
EGP 59.774185
ERN 16.717184
ETB 179.598353
FJD 2.519857
FKP 0.836624
GBP 0.836656
GEL 2.89598
GGP 0.836624
GHS 13.10776
GIP 0.836624
GMD 82.471349
GNF 9916.59101
GTQ 8.553572
GYD 234.554671
HKD 8.743477
HNL 30.091157
HRK 7.543919
HTG 146.720611
HUF 364.475297
IDR 20246.014572
ILS 3.534849
IMP 0.836624
INR 104.329942
IQD 1696.928877
IRR 2124280.454419
ISK 136.802071
JEP 0.836624
JMD 177.655661
JOD 0.790165
JPY 177.017119
KES 144.860251
KGS 97.460959
KHR 4565.185156
KMF 492.600023
KPW 1003.031007
KRW 1485.087442
KWD 0.346648
KYD 0.932782
KZT 499.748847
LAK 25194.928305
LBP 100236.400804
LKR 372.005207
LRD 190.288332
LSL 18.350589
LTL 3.290767
LVL 0.674137
LYD 7.175541
MAD 10.919176
MDL 20.114034
MGA 5115.45806
MKD 61.542793
MMK 2340.1222
MNT 4015.973573
MOP 9.044334
MRU 45.155513
MUR 52.57029
MVR 17.169762
MWK 1941.000853
MXN 20.704345
MYR 4.540834
MZN 71.225937
NAD 18.351
NGN 1500.578936
NIO 40.957263
NOK 10.638404
NPR 168.31662
NZD 1.992532
OMR 0.428535
PAB 1.119388
PEN 3.814779
PGK 5.013205
PHP 70.420562
PKR 309.57754
PLN 4.398401
PYG 6909.06109
QAR 4.080409
RON 5.343142
RSD 117.641101
RUB 92.331298
RWF 1656.117168
SAR 4.187115
SBD 9.016967
SCR 15.394883
SDG 670.358157
SEK 11.035548
SGD 1.428745
SHP 0.835097
SLE 25.520776
SLL 23370.071127
SOS 639.716043
SRD 41.844251
STD 23067.464026
STN 24.447111
SVC 9.79481
SYP 14490.454884
SZL 18.356452
THB 37.457677
TJS 10.286945
TMT 3.900676
TND 3.34294
TOP 2.683398
TRY 55.982763
TTD 7.591576
TWD 36.607325
TZS 2946.005856
UAH 50.912057
UGX 4567.160419
USD 1.114479
UYU 45.292016
UZS 13403.761862
VES 1003.577698
VND 28582.484249
VUV 133.533734
WST 3.106119
XAF 655.957
XAG 0.021033
XAU 0.000274652382
XCD 3.011935
XCG 2.017336
XDR 0.787994
XOF 655.957
XPF 119.331742
YER 263.568898
ZAR 18.432078
ZMK 10031.652605
ZMW 22.803394
ZWL 358.861765
SSP 6403.124549
MXV 2.326334
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

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