Global maritime sector agrees deal on carbon-reduction target

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LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal on Friday (Jul 7) to improve its target to cut carbon emissions but green campaigners said it fell far short. Compared with 2008 levels, the United Nations' global shipping regulator

LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal on Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.

The deal came at the end of a five-day meeting at the IMO's headquarters in London, attended by representatives from 100 countries. Shipping is responsible for around three per cent of global greenhouse gas emissions according to the UN.Non-governmental organisations with a focus on climate slammed the agreement, arguing it was insufficient under the framework of the landmark Paris climate accord.

"They knew what the science required, and that a 50 per cent cut in emissions by 2030 was both possible and affordable.

 

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