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Stricter shipping CO2 controls could save 9 million euros

Staff writer |
Tightening a Commission proposal to reduce shipping emissions would bring greater CO2 cuts as well as lowering operational costs for shipowners by up to 9 million euros a year, according to a new study.

The shipping industry is currently the only EU transport sector that has no greenhouse gas emissions reductions obligations even though the sector is responsible for 3% of global CO2 emissions. These are expected to grow by 40-50% by 2020, according to the green NGO Transport and Environment (T&E), writes EurActiv.

But the Commission has been bruised by international battles over its scheme to bring aviation into the Emissions Trading System (ETS) and last summer, only proposed a regulation on the monitoring, reporting and verification (MRV) of CO2 emissions from maritime transport.

Campaigners thus want the European Parliament to strengthen the proposal by taking the new study into account.

"As the shipping industry pushes back against new laws to make shipping greener, this study shows that it makes perfect environmental and economic sense to use modern technologies and consolidate reporting requirements into one regulation. We therefore call on the European Parliament to strengthen the proposal to ensure that all harmful pollutants can be more effectively controlled," NGO Seas at Risk said.

Three expert committees will have to vote on the MRV proposal in the coming month, starting with the industry, research and energy committee on January 9, 2014.

Maritime policies are known to be at the heart of the Greek presidency of the Council raising hopes that stronger focus will be placed on the proposal, liberal MEP Theodoros Skylakakis told EurActiv.

"Given that maritime policies are one of the main priorities of the Greek presidency and the MRV is an important legislative initiative in this respect, I have already seen an intention, in terms of scheduling, to move quickly on the file with a view to have a first reading agreement, if possible, before the end of this legislature."

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