Norway calls on IMO to introduce global CO2 quotas for shipping
In a remarkable proposal, one of the world's largest shipping nations calls on the IMO to introduce CO2 quotas along with a demand to effectivize the fleet. The proposal will be discussed this week preceding the defining MEPC meeting in November.
If shipping is to achieve its goal of reducing CO2 emissions by 2050, it's not enough to impose a tax on fossil fuels or to demand higher ship efficiency. It's also not enough to introduce a quota system like the one the EU is working on.
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