World Shipping Body Toughens Their Emissions Targets
Logistics Viewpoints
JULY 10, 2023
It targets a reduction of greenhouse gas (GHG) emissions to net-zero “by or about 2050.” Previously, member states had agreed to reduce its emissions by half by 2050. A cargo ship has a lifespan of 25 to 30 years after which the ships become too expensive to operate. The member states have agreed to tougher standards.
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