News Content
Big business eco lobby laments UN's failure to impose harsher emission rules
THE Sustainable Shipping Initiative (SSI), an environmental lobby backed by big business, says the UN's International Maritime Organisation's (IMO) recent Marine Environmental Protection Committee meeting (MEPC 69) failed to achieve the required minimum outcome.
SSI said the IMO has confined activity to data collection. "The IMO must demonstrate commitment to drive progressive change and take responsibility in meeting global warming reduction targets," said SSI chief executive Alastair Fischbacher.
While the issue of green house gas emissions reduction will continue at MEPC 70 in October, the SSI said the lack of action increases the perception of shipping is not willing to contribute to global reduction targets.
Driving up rising environmental compliance costs, not to mention the risk of heavy fines for what before was normal practice, tends drive smaller companies out of business so bigger companies can divide market share leavings among themselves.
SSI said the IMO has confined activity to data collection. "The IMO must demonstrate commitment to drive progressive change and take responsibility in meeting global warming reduction targets," said SSI chief executive Alastair Fischbacher.
While the issue of green house gas emissions reduction will continue at MEPC 70 in October, the SSI said the lack of action increases the perception of shipping is not willing to contribute to global reduction targets.
Driving up rising environmental compliance costs, not to mention the risk of heavy fines for what before was normal practice, tends drive smaller companies out of business so bigger companies can divide market share leavings among themselves.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
