Reflecting on the outcomes of this month’s Marine Environment Protection Committee (MEPC) meeting, Opportunity Green’s Shipping Manager Ana Laranjeira warned that the agreement secured on the International Maritime Organization’s (IMO) Revised GHG Strategy 'does not get us to 1.5°C' – but urged there is now ‘plenty of important work to be done’ ahead of the next revision in five years’ time.
Writing on Opportunity Green’s website yesterday (19 July), Laranjeira said there are now ‘three main outcomes that we need to see at IMO in the next two to three years’.
These include efforts to:
- Develop and adopt a levy of at least $100 a tonne on GHG emissions, in order to help ‘close the price gap between conventional and alternative fuels while generating substantial revenues to fund the development of zero-emission technologies’.
- Develop and adopt a ‘fuel mandate’, which takes to account wind power and looks at emissions on a well-to-wake basis, in order to ‘immediately drive the uptake of sustainable and scalable fuels and propulsion methods'.
- Strengthen the IMO’s short-term measures on energy efficiency.
Click here to view Laranjeira’s full report.
Aoife O’Leary, the Head of Opportunity Green, will be among the speakers taking part in Marine Energy Transition Forum which Petrospot will be hosting in Antwerp on 17-18 October. Click here for more information on the Forum.
