03 Dec '11, 6pm

Oxfam and WWF Join With Shipowners At COP17 | Care2 Causes

Oxfam and WWF Join With Shipowners At COP17 | Care2 Causes

At the UN Climate Change Conference in Durban, South Africa (COP 17 ), the International Chamber of Shipping (ICS), Oxfam and WWF joined together to suggest how reducing greenhouse gas (GHG) emissions from international shipping should be regulated. The ICF represents over 80 percent of the world merchant fleet. The three organizations called on delegates to COP 17 to give the International Maritime Organization (IMO) guidance on reducing emissions through the development of Market Based Measures (MBMs). An MBM would put a price on GHG emissions from international shipping. In July, the IMO decided to adopt regulations to reduce GHG emissions, which would apply to all ships of 400 gross tonnage, and will go into effect on January 1, 2013. The regulations would be the first-ever mandatory global GHG emissions reduction regime for an international industry sector. The regula...

Full article: http://www.care2.com/causes/oxfam-and-wwf-join-with-shipo...

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