Wednesday, December 23, 2009

Shipping must Wait for IMO MEPC for direction on Emissions and Bunker Fuel issues

At Copenhagen there was an absence of proposals bringing shipping emissions under a national responsibility and to provide either a national or international framework to limit growing emissions from international shipping . The consumption picture continues to be confused for shipping- both international as well as coastal operations. Bunker consumption is typically estimated from as the size of the world fleet. Figures based on the theoretical requirement of the world fleet are generally thought to overestimate consumption due to quotations for only full speed and are generally higher than those based on suppliers' estimates of their market share –logically- published sales figures could refine estimates of total Bunker fuels usage between the supposed range 300-400 Million tonnes annually.
One outcome of the UN climate talks was the Copenhagen Accord, which makes no mention of the shipping and highlights the failure to discuss specifics of bunker fuels sectors in the conference itself. The working group charged with drafting an agreement on bunker fuels, co-chaired by Norway and Singapore, could not agree a draft text to forward to the main body, the Council of the Parties (COP) to the UN climate convention, for consideration.

DNV had published research that claims ships could reduce CO2 emissions by 500 million metric tons by 2030 while increasing profits - certain owners have taken some action – on 21st December VIKING LADY A Norwegian supply vessel powered by a 320-kilowatt molten carbonate fuel cell that operates on liquefied natural gas berthed in Copenhagen-showing what can be done.
Perhaps shipping must await The IMO’s Marine Environment Protection Committee next meets in March to review it’s work plan on shipping emissions – and illuminate a way forward in the absence of answers for the basic questions:
Targets for emissions reductions for shipping – equality of treatment for all ships – Levies on Fuel or Market methods to regulate control – Role of UNFCCC / IMO

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