Carbon Emissions FAQ
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Q: Why is the shipping industry participating in the effort to reduce carbon emissions and address global warming?
A: Liner shipping companies facilitate a significant portion of the merchandise trade of the world and plan to do so for many years to come. Their participation goals are:
- To be responsible environmental stewards.
The liner shipping industry and its customers recognize that environmental stewardship requires their participation in developing an effective way to address their carbon dioxide emissions. - To inform the process.
The process of setting international carbon management policy must be guided by scientific, technical, economic and operational knowledge. Policy solutions must be environmentally effective, realistic, and sustainable. The resulting carbon regime must be global in scale, legally binding, and applicable to all ships. It would also be counter-productive to prejudice ocean transportation vis-à-vis other forms of transportation that are actually more carbon intensive. - To ensure an effective international standard is achieved.
The industry recognizes that an international, environmentally effective regulatory regime is the best way to avoid a confusing and inefficient tangle of carbon emission regimes established by different regional, national or local governments. - To achieve lower fuel costs through improved efficiency.
Reducing carbon emissions by improving ships' energy efficiency will lower fuel consumption while ensuring that the movement of goods by sea remains the most carbon-efficient means of moving goods from their point of production to the marketplace.
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