Times Colonist

Maritime group backs carbon price for large ships

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BERLIN — A major maritime industry associatio­n on Monday backed plans for a global surcharge on carbon emissions from shipping to help fund the sector’s shift toward climatefri­endly fuels.

The Internatio­nal Chamber of Shipping said it’s proposing to the United Nations that all vessels trading globally above a certain size should pay a set amount per metric ton of carbon dioxide they emit.

Environmen­tal groups welcomed the proposal to the the Internatio­nal Maritime Organizati­on, a UN body, but cautioned that it doesn’t specify what carbon price would be supported by the group, which represents commercial shipowners and operators covering over 80% of the world merchant fleet.

“We will know they are serious about real progress when they embrace a level of ambition consistent with what climate vulnerable island nations have already proposed,” said Aoife O’Leary, director of global transporta­tion at the Environmen­tal Defense Fund.

The shipping industry is estimated to account for nearly 3% of the greenhouse gas emissions that are driving global warming and projected to rise significan­tly in the coming decades.

The Marshall Islands and the Solomon Islands, two nations with large shipping fleets whose territorie­s are severely threatened by climate change, have suggested a carbon levy starting at $100 per ton.

“This proposal sets out how to practicall­y create a marketbase­d measure for the global shipping industry, in order to quickly move towards an effective price,” said Guy Platten, the secretary-general of the Internatio­nal Chamber of Shipping. “Rather than make guesses for PR purposes, we want to come to a number that will decarboniz­e the sector without disenfranc­hising huge proportion­s of the developing world on the way.”

The group said it opposed piecemeal regional measures, such as those proposed by the European Union, and called for the money generated from the levy to go into a fund that would subsidize clean alternativ­es such as hydrogen until they come competitiv­e with convention­al fuels.

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