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Climate Change environment / shipping China Impact 8.0/10 3 min read
Shipping Industry Carbon Footprint Poses Threat to Climate Goals

Shipping Industry Carbon Footprint Poses Threat to Climate Goals

The global shipping industry produces as much CO2 as Germany annually, about 3% of global emissions. Without action, emissions could rise 50% by mid-century. The UN's International Maritime Organization (IMO) is meeting in London to set decarbonization targets. Proposals include net-zero by 2050 and halving emissions by 2030. China opposes a shipping emissions levy and stricter targets, while France has support from 22 allies for a levy. Past efforts faced resistance from China, India, and Saudi Arabia.

The global shipping industry produces as much CO2 as Germany annually, about 3% of global emissions. Without action, emissions could rise 50% by mid-century. The UN's International Maritime Organization (IMO) is meeting in London to set decarbonization targets. Proposals include net-zero by 2050 and halving emissions by 2030. China opposes a shipping emissions levy and stricter targets, while France has support from 22 allies for a levy. Past efforts faced resistance from China, India, and Saudi Arabia.

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Maldives Republic

Published

Jul 11, 2023

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The global shipping industry produces as much CO2 as Germany annually, about 3% of global emissions. Without action, emissions could rise 50% by mid-century. The UN's International Maritime Organization (IMO) is meeting in London to set decarbonization targets. Proposals include net-zero by 2050 and halving emissions by 2030. China opposes a shipping emissions levy and stricter targets, while France has support from 22 allies for a levy. Past efforts faced resistance from China, India, and Saudi Arabia.

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