Shipping industry is not ‘Cash Cow’, says ICS
The global shipping industry, which transports around 90% of world trade, only produced about 2.2% of the world’s total Green House Gas emissions during 2012 compared to 2.8% in 2007. Shipping’s total emissions have reduced by more than 10% during the same period.
In advance of the United Nations Climate Conference in Lima (1-12 December), the global trade association for ship operators – the International Chamber of Shipping (ICS) – says that the industry is on track to reduce its emissions by more than 20% by 2020 (compared to 2005) with further reductions going forward.
This and other information about the impressive progress which the shipping industry is making to reduce its CO2 emissions is set out in a special brochure prepared for the UNFCCC Climate Change Conference (COP 20). This can be found on the global trade association’s website.
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