Excellent new paper (and explainer thread) on how and whether international shipping emissions can be brought within the global CO2 budget for 1.5C.👇
Like aviation, the shipping sector takes up about 2% of global emissions. And like emissions from international aviation, emissions from international shipping aren’t reported by nations as part of the UNFCCC’s intended contribution process...
This means we need a global agreement to get the sector to mitigate GHG emissions from shipping.
Luckily, the shipping sector does seem to be taking this seriously (though perhaps room for more ambition)...
Unlike the international agreement to tackle GHG emissions from aviation (which relies very heavily on dubious carbon offsets), the international memorandum to reduce shipping emissions actually seeks to reduce net emissions from the source.
Of course, no one ever talks about demand management as a possible way to reduce emissions from international aviation or shipping, because... capitalism. But that would in theory be a very effective solution!
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