Carbon Emissions FAQ
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Q: What do these complexities and challenges mean for the likelihood of a carbon emission regime applicable to shipping?
A: The objective of an environmentally effective agreement to reduce carbon emissions from shipping and the industry's objective of a single, predictable international regulatory regime are highly compatible. Indeed, improved energy efficiency, reduced fuel consumption, and fewer emissions are outcomes that should be strongly supported by all the relevant stakeholders.
Many of the stakeholders, including the World Shipping Council and its member companies, are optimistic that a global solution is feasible in the 2011 timeframe. It is too early to predict the precise nature of that regime as governments and nongovernmental organizations, working though the IMO, are evaluating the various proposals submitted.
The World Shipping Council and its member companies strive to improve the climate performance of shipping and will continue to strongly support the creation of an effective and practical IMO regime to address these issues. Even in the absence of a new international regime, these companies will continue to pursue reduced carbon emissions through changes in ship design, fuel consumption and ship operations.
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