Shipping can gain from cutting climate impact

The shipping industry has nothing to fear from reducing its pollution and climate-changing emissions and would even gain financially, according to a new study from WWF.

The report, published to coincide with the second greenhouse gas study published by the International Maritime Organisation (IMO), says shipping is responsible for almost 3% of global greenhouse gas emissions. But it says the shipping sector could reduce its climate impact by at least 20% and make financial gains.It identifies ‘a significant potential’ for reducing emissions through technical and operational measures which could increase efficiency and reduce emissions by 25% to 75%. It also identifies benefits that could come from emissions trading or a bunker fuel levy.

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