ShippingWatch

OECD: Shipping should halve CO2 emissions

Things are moving in the wrong direction for the shipping industry, which should cut its CO2 emissions in half in order to contribute to the efforts against climate change. Instead, emissions are increasing, notes an OECD report a few weeks before the COP21 negotiations in Paris.

Photo: OW Bunker

The global fleet of ships is emitting far too much CO2, and even worse, the current development is moving in the wrong direction. Action is needed right now, says the OECD in a new report published just a few weeks before the crucial climate negotiations in Paris, COP21.

The shipping sector emits a considerable amount of greenhouse gasses. These emissions should be cut in half by 2050 if global warming is to be kept within the set 2 degree Celsius target. But instead they look set to increase significantly, and this calls for immediate action from the industry, says the organization which represents the most well-developed economies in the world.

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